All articles by Verdict Staff

Verdict Staff

PNC Investments unveils suite of new online financial management tools

PNC Investments has introduced PNC Total Insight, a suite of online and mobile financial management tools combined with personal investment guidance and dedicated customer support.

Over 77,000 foreign banks agree to share tax info with US

The US Treasury Department has announced that more than 77,000 foreign banks have agreed to share information about US account holders with the IRS as part of a crackdown on offshore tax evasion.

FINRA makes dark pool data available free to investing public

As part of the Financial Industry Regulatory Authority (FINRA)’s effort to increase market transparency and thereby enhance investor confidence, FINRA began providing data indicating the activity levels in each alternative trading system (ATS), including all market facilities commonly called “dark pools.”

Natixis expands UK retail sales team to launch new fund

Natixis Global Asset Management has expanded UK wholesale and retail team by appointing three new sales managers to launch a new onshore fund.

SunTrust Banks closes sale of Ridgeworth Investments

SunTrust Banks, American banking company, has concluded the sale of its investment management firm RidgeWorth Investments to the employees of Ridgeworth and private equity firm Lightyear Capital.

Bank Leumi USA opens new private banking branch in Los Angeles

Bank Leumi USA has opened a new branch office in downtown Los Angeles.

IRS unveils online tool for inspect FATCA foreign bank registration

The Internal Revenue Service (IRS) has rolled out an online tool to enable users check the status of a foreign financial institution registered for the Foreign Account Tax Compliance Act (FATCA).

KPMG to buy Rothstein Kass to expand footprint in US hedge fund auditor market

KPMG has agreed to buy New Jersey-based accounting firm Rothstein Kass to boost its hedge fund professional services advisory practice in the US market.

Jefferies to distribute Fubon Securities equity research on companies in Taiwan

Jefferies has entered into an alliance with Fubon Securities to distribute Fubon Securities’ equity research on companies in Taiwan on a co-branded basis to Jefferies’ global client base.

Multrees Investor Services unveils new web portal for wealth managers

London-based Multrees Investor Services has unveiled a new interactive web portal for wealth managers to manage client assets more efficiently.