All articles by Verdict Staff

Verdict Staff

Raymond James names senior executive to lead advisor recruitment efforts in Canada

Raymond James has named Tom Williams as senior vice president, head of growth and development, Private Client Group.

Great-West Financial completes acquisition of J.P. Morgan Retirement Plan Services

Great-West Financial has completed its acquisition of the J.P. Morgan Retirement Plan Services large-market recordkeeping business, a major step in building one of the nation’s premier retirement services firms.

Credit Suisse probing allegations of trader misconduct-report

Credit Suisse is reportedly probing two of its equities traders in London over allegations of misconduct.

US SEC charges Robare Group and its co-owners for failing to disclose conflict of interest to clients

The US Securities and Exchange Commission (SEC) has announced fraud charges against a Houston-based investment advisory firm accused of recommending that clients invest in particular mutual funds without disclosing a key conflict of interest: the firm was in turn receiving compensation from the broker offering the funds.

Switzerland concludes tax-dodge payments to Britain, Austria-report

Switzerland has completed a programme to pay hundreds of millions of euros to Britain and Austria in settlements for past tax-evasion by their citizens, news agency AFP has reported.

Reliance Capital ties up with Nippon Life for banking venture

Reliance Capital and Nippon Life Insurance have partnered to jointly start a banking venture in India after necessary approvals.

European Wealth opens new office in Manchester

European Wealth has opened a new office in Hardman Square, Manchester in a move to boost its network of local and regional offices into the North West of England.

Octopus launches £20 million fundraising for AIM VCTs

Octopus Investments, a UK-based retail fund management company specialising in smaller company investing, has announced the launch of a £20 million joint fundraising by the two Octopus AIM Venture Capital Trusts (VCTs) with scope for the offer to be extended to £30 million.

Carlyle to pay US$115 million to settle collusion lawsuit

Private equity giant Carlyle Group has agreed to pay US$115 million to settle to settle a lawsuit that accused it colluding with other buyout firm to fix the prices of leveraged buyouts.

Mirabaud names new business development head for Middle East

Mirabaud Asset Management has named Majid Hassan as new head of business development activities for the Middle East.