All articles by Verdict Staff

Verdict Staff

Credit Suisse in discussions to negotiate $1.6bn deal with US over tax row

Credit Suisse Group is currently holding negotiations with the US Justice Department to pay upto $1.6bn to resolve an investigation into its alleged complicity in helping Americans to evade US taxes.

Krungsri Asset Management implements new version of Charles River enterprise solution

Krungsri Asset Management, a Thailand-based asset management firm, has implemented the new version of the Charles River Investment Management Solution Version 9 (Charles River IMS).

BNP Paribas, CIWM and Labuan IBFC hold inaugural Islamic Wealth Management Symposium 2014

The BNP Paribas – INCEIF Centre for Islamic Wealth Management (CIWM) and Labuan International Business and Financial Centre (Labuan IBFC) hosted the Islamic Wealth Management Symposium, at Sasana Kijang, Kuala Lumpur.

US pressing Credit Suisse to plead guilty over tax row

The US government is pressing Swiss financial services company Credit Suisse to accept complicity in helping wealthy Americans hide untaxed money in Swiss bank accounts.

FINRA rule change to limit self-trading approved

The Financial Industry Regulatory Authority (FINRA) is pleased to announce the SEC’s recent approval of a FINRA rule change to limit self-trading.

PTC India Financial launches new PE fund for energy sector

PTC India Financial Services Ltd., a subsidiary of PTC India Ltd., has agreed to launch an asset management company as part of its plans to expand financial services for the energy sector.

BNY Mellon completes acquisition of HedgeMark International

BNY Mellon, a global leader in investment management and investment services, has completed its previously announced acquisition of HedgeMark International, a provider of hedge fund managed account and risk analytic services.

AG Delta recruits new chief product officer

AG Delta, a global provider of digital & electronic trading private wealth management solutions, has recruited Robert Saly as their new managing director and global chief product officer.

UBS appoints Ros Stephenson global chairman of corporate client solutions and head of CCS Americas

UBS announced that Ros Stephenson has been appointed Global Chairman of Corporate Client Solutions (CCS) and the Head of CCS Americas.

APG, Xander collaborate to create venture for Indian office market

Xander Group and an investor consortium led by Dutch Pension fund asset manager APG Asset Management have entered into an agreement for creating a $300m venture that buys income-generating and institutional grade commercial assets across the markets in India.