All articles by Verdict Staff
Verdict Staff
U.S. Bank to pay $200 million to resolve alleged FHA mortgage lending violations
U.S. Bank has agreed to pay the United States $200 million to resolve allegations that it violated the False Claims Act by knowingly originating and underwriting mortgage loans insured by the Federal Housing Administration that did not meet applicable requirements, the Justice Department said.
Spectrem Affluent Investor Confidence Index continues to rise
The Spectrem Affluent Investor Confidence Index (SAICI) gained two points in June to 11, its highest reading since May 2007.
Canada Life rolls out global multi-asset fund
Canada Life Investments has rolled out its latest global multi-asset fund designed to provide a positive return of cash + 5% annually over a period of at least five years with a moderate level of volatility.
Crestbridge adds new members to its Board
Crestbridge, Jersey-based funds, corporate and family office firm, has named Ana Kekovska and Heather Tibbo to its Board of Directors.
Artemis expands into the US by launching five new equity funds
Artemis, UK-based investment firm, is planning to expand into the US by launching five new US equity funds in mid-September this year.
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Barclays completes global review of legal panel
Barclays said that it has completed a panel review of the legal firms used by the Group globally.
Old Mutual Wealth completes purchase of Intrinsic
Old Mutual Wealth has completed the acquisition of Intrinsic after receiving regulatory approval from FCA.
TradeKing introduces new subsidary,TradeKing Advisors
TradeKing Group has formed a new subsidiary called TradeKing Advisors, a SEC-registered investment advisor that offers professionally managed investment portfolios online.
Prudential fixed income expands European leveraged finance team
Prudential Fixed Income has named Arvinder Chowdhary a principal and portfolio manager for its European Leveraged Finance team.
Blackfriars plans for major UK push after acquisition of BDT Invest
Blackfriars Asset Management, a London based fund management boutique, is reportedly planning to further expand into UK investment marketplace following the completion of BDT Invest takeover.