All articles by Verdict Staff
Verdict Staff
Gibraltar, US sign tax agreement
Gibraltar government has signed an intergovernmental agreement (IGA) with the US government to improve international tax compliance and implement FATCA (Foreign Account Tax Compliance Act).
Number of high-net-worth households reaches all-time high: Spectrem
As of the end of 2013, the number of high-net-worth households reached an all-time high of 1.24 million, with the continued growth in the stock market considered the main cause of the rise, according to a research by Spectrem Group.
Singapore set to attract more wealth management business after concluding FATCA: Rikvin
In an attempt to clean the image of Singapore as a tax haven and to wipe out money laundering activities, Singapore has concluded an Inter-governmental agreement (IGA), Foreign Account Tax Compliance Act (FATCA) with the United States.
Goldman Sachs questioned over hiring model in Asia, high-speed trading
Goldman Sachs, an American investment banking firm, has revealed in its quarterly filings that the company was under investigation by US authorities for its hiring practices in Asia and high-frequency trading operations.
Momentum acquires YourWealth
The UK branch of Momentum, a South African investment firm, has acquired the business of YourWealth.co.uk, an online financial planning platform, for an undisclosed amount.
Japan’s FSA exchanges letter for cooperation with the Bank of Thailand
The Financial Services Agency (FSA) of Japan and the Bank of Thailand signed the Exchange of Letters for Cooperation (EOL) on 9 May 2014.
Invesco Perpetual to unveil global distribution fund
UK-based investment company Invesco Perpetual is planning to roll out a new fund known as Global Distribution Fund.
Morgan Stanley Wealth Management relocates its office in Barrington
Morgan Stanley, the New York-based wealth management firm, has relocated its local wealth management office from its previous location of 303 E. Main Street to a new location at 760 W. Main St in Barrington, US.
Kynetix launches inventory management module of Sentinel
Kynetix has launched the Inventory Management module of Sentinel, their multi commodity management platform, which they believe will significantly reduce time to market for new commodity contracts.
Horizons ETFs unveils Canada’s first swap-based bond index ETF
Horizons ETFs Management (Canada) has rolled out its Cdn Select Universe Bond ETF (HBB), designed to deliver investors low-cost and tax-efficient exposure to the Canadian investment grade bond universe.