All articles by Verdict Staff
Verdict Staff
Sprott Asset Management signs agreement with Bridging Finance
Canada-based Sprott Asset Management has signed a sub-advisory agreement with Bridging Finance to run the Sprott Bridging Income Fund.
St James’s Place to launch masters degree in wealth management
St James’s Place (SJP) has teamed up with Loughborough School of Business and Economics to introduce new masters in wealth management degree for its employees and partners.
Swiss banks face lower fines under US tax deal-report
Around 80 of the 106 Swiss banks that have inked a deal with the US government on tax evasion could reportedly face smaller fines than they had feared, but only if they cooperate more with the United States.
Harbinger’s former COO agrees to settle charges for assisting hedge fund scheme
The Securities and Exchange Commission (SEC) has announced that the former COO at Harbinger Capital Partners has agreed to settle charges that he assisted a scheme by the firm and its owner Philip Falcone to misappropriate millions of dollars from a hedge fund they managed to pay Falcone’s personal taxes.
Brooks Macdonald hires new non-executive director
Brooks Macdonald Group has hired Richard Price as a non-executive director, effective 1 August 2014.
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HighTower Partnership adds $400 million RIA in Bellevue, Washington
HighTower expands its West Coast presence with the addition of HighTower Bellevue, the 43rd team to join the HighTower partnership.
Morgan Stanley to increase junior bankers base salaries by 25%
Morgan Stanley is reportedly planning to increase base salaries for junior bankers by about 25% in a move to improve working conditions and retention.
Tax avoidance scheme users owing £430 million told to pay up
HM Revenue and Customs (HMRC) is giving around 16,000 tax avoidance scheme users the opportunity to pay the tax they owe or risk facing bigger tax bills and heavy legal costs.
ADGS Advisory selects Maxim Group to provide strategic advisory services
ADGS Advisory said that it has retained Maxim Group, a premier investment banking, securities and investment management firm, to provide strategic corporate finance and investment banking services.
SEC charges Citigroup business unit with failing to protect confidential subscriber data
The Securities and Exchange Commission (SEC) of US has charged a Citigroup business unit operating an alternative trading system (ATS) with failing to protect the confidential trading data of its subscribers.