All articles by Verdict Staff

Verdict Staff

Deutsche Bank to raise £6.5 billion capital from investors

Deutsche Bank is planning to raise €8 billion (£6.5 billion) in new capital from investors in an attempt to improve its capital strength.

AFH Financial Group buys Omega Consulting for £117,000

AFH Financial Group has acquired Norwich-based Omega Consulting for £117,000.

Foreign direct investment in Sub Saharan Africa on rise: Survey

Africa’s share of global foreign direct investment (FDI) projects has reached the highest level in a decade, according to Executing Growth, EY’s 2014 Africa Attractiveness Survey.

Citibank China unveils new cross-border treasury centre in Shanghai FTZ

Citibank China has unveiled a new foreign currency (FCY) cross-border treasury centre in the Shanghai Pilot Free Trade Zone (SFTZ).

Majority of European financial industry participants believe HFT is harmful: Survey

ConvergEx Group, a provider of global brokerage and trading-related services, has released the results of its European Equity Market Structure Survey, exploring the concerns and actions of financial industry participants regarding high frequency trading (HFT), regulatory oversight and market stability.

Bermuda Commercial Bank to deploy Temenos’ core banking platform

Switzerland-based Temenos has reached an agreement with Bermuda Commercial Bank (BCB) to provide its T24 core banking system Model Bank, to boost the bank’s business efficiency.

Islamic banking assets could reach US$8.6 billion by 2018: Thomson Reuters

Islamic banking assets could potentially reach US$8.6 billion by 2018, with a profit pool of between US$67 million and US$112 million for Islamic finance providers,according to a report released by Thomson Reuters.

FEIFA teams up with P2international

The Federation of European Independent Financial Advisers (FEIFA) has formed a new partnership with P2international, a Bermuda-based member of Sanlam Group.

Julius Baer collaborates with Swiss think tank W.I.R.E.

Julius Baer has started a strategic cooperation with the Swiss think tank W.I.R.E. which will provide analysis and insights regarding trends in the fields of business, society, technology and life sciences, complementing the Bank’s Next Generation investment framework.

Steward Partners adds US$1.5 million team from Morgan Stanley

Steward Partners Global Advisory, an employee-owned, full service partnership, today announced that Rodger Friedman and Joe Wong have joined their Washington, DC office from Morgan Stanley Wealth Management.