All articles by Verdict Staff
Verdict Staff
UniCredit to offload private equity investments under HVB
Italian financial services giant UniCredit is planning to offload its private equity investments managed by German unit HypoVereinsbank (HVB), in a bid to strengthen its balance sheet.
BlackRock sued for charging disproportionately large fees on mutual funds
American fund manager BlackRock has been sued by investors in the US who claim that the firm has breached its fiduciary obligations by charging exorbitant fees on mutual funds.
AIG Advisor Group names new executive vice president, national sales
AIG Advisor Group named Allison Couch to the newly created role of executive vice president of national sales, effective June 2.
Canaccord Genuity director and honorary chairman steps down
Canaccord Genuity has said that Peter Brown has resigned as a director and officer of the company and will not be seeking re-election to the board of directors at the upcoming 2014 Annual General Meeting of shareholders.
UBS overhauls advisory team in Europe
UBS has recently and overhauled its coverage and advisory team in Europe, as part of a revamp of business in Europe.
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Thai Bourse and Cambodia securities exchange sign MoU
The Stock Exchange of Thailand (SET) signed a memorandum of understanding (MOU) with Cambodia Securities Exchange (CSX) to promote development of capital market in Cambodia and Thailand.
Brewin Dolphin plans to launch low cost online wealth management service
UK wealth manager Brewin Dolphin is reportedly planning to introduce an online wealth management services to capture a share of the growing market for DIY saving.
Altana Wealth introduces UCITS version corporate bonds fund
Altana Wealth, a UK-based investment manager, has introduced a UCITS version of its absolute return Altana Corporate Bonds Fund (ACBF) with 15 million open for outside investment.
Woodbine Capital Advisors to pay back clients money
Hedge-fund firm Woodbine Capital Advisors is said to be considering paying back money to its clients following its failure to achieve the promised goals.
European Commission adopts Partnership Agreement with Greece
The European Commission has adopted a “Partnership Agreement” with Greece setting down the strategy for the optimal use of European Structural and Investment Funds in the country’s regions and cities for 2014-2020.