All articles by Verdict Staff
Verdict Staff
Coreco launches wealth management division
Coreco, a UK-based brokerage firm, has expanded its business portfolio with the launch of Coreco Wealth, its wealth management unit.
London Stock Exchange in talks to buy Russell Investments
London Stock Exchange is in talks to buy Russell Investments, which Northwestern Mutual Life Insurance officially put on the auction block early this year.
Swiss bank BLKB selects Avaloq front platform
Switzerland-based Basellandschaftliche Kantonalbank (BLKB) has selected Avaloq front solutions to replace its current online banking system.
BNP Paribas Securities Services, Eurocler extend partnership to four new markets
BNP Paribas Securities Services and Euroclear Bank have announced that their joint triparty collateral management service, which was introduced in Italy and Spain last year, has been extended to four new capital markets: Belgium, France, Germany and The Netherlands.
Temasek partners with Dymon Asia Capital to invest in hedge funds
Temasek Holdings has partnered with Singapore-based asset manager Dymon Asia Capital to invest in new hedge-fund managers and strategies.
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Manulife introduces new Asia Pacific fund
Manulife Asset Management, Hong Kong has launched a new Manulife Advanced Fund SPC Asia Pacific Income and Growth Segregated Portfolio.
ETFs and ETPs gathered US$34bN in net new assets in April: ETFGI
ETFs and ETPs listed globally gathered US$34.0 billion in net new assets in April which, when combined with a small positive market performance in the month, pushed assets in the global ETF/ETP industry to a new record high of US$2.49 trillion, according to preliminary data from ETFGI’s April 2014 Global ETF and ETP industry insights report.
Germany witnesses spike in self-disclosures by tax dodgers in 2014
German authorities have been flooded by the disclosures of nearly 16,926 tax evaders over the first four months of 2014, driven by trial and conviction of former Bayern Munich president and chairman Uli Hoeness for evading tax.
Societe Generale acquires 50% stake in Newedge from Credit Agricole
Societe Generale, a French financial services company, has acquired 50% stake in Newedge, a derivatives brokerage unit of Credit Agricole’s for complete ownership.
State Street commences TA operations in Taiwan, recruits new personnel
State Street Corporation, a U.S.-based financial services holding company, has begun its transfer agency operations in Taiwan, with Sunny Yang as the new head, who will be based in Taipei.