All articles by Verdict Staff
Verdict Staff
Standard Life Investments eyes Venezuela for business growth
Standard Life Investments (SLI) is eyeing Venezuela as the ideal country to grow its business, according to SLI bond manager Richard House, who made Venezuela the biggest credit risk in £106.2m Standard Life investments emerging market debt fund.
Federal Court freezes assets of EJS Capital Management in CFTC action
The US Commodity Futures Trading Commission (CFTC) announced that The Honorable Kevin P. Castel of the U.S. District Court for the Southern District of New York, on May 1, 2014, entered a restraining order freezing assets and prohibiting the destruction or concealment of books and records of Defendants EJS Capital Management, LLC (EJS), Alex Vladimir Ekdeshman of Holmdel, N.J., and Edward J. Servider of Staten Island, N.Y (collectively Defendants), and of Relief Defendants Alisa Ekdeshman of Holmdel, N.J. (Ekdeshmans wife), Executive Services of Florida LLC, Executive Management Services of Montana Inc., and Michael Vilner of Sunny Isles Beach, Fla.
APRA to consider advising ANZ on capital composition
As per a recent discussion between Australia and New Zealand Banking Group Ltd (ANZ) and Australian Prudential Regulation Authority (APRA), the latter is considering to offer clarification on the composition of the Level 2 Authorised Deposit-Taking Institution (ADI) Group.
Allianz shareholders to publicly rap executives over Pimco’s poor performance
Allianz, a German financial services company, is feeling the heat from its shareholders over the poor performance of its fund management unit Pimco.
Barclays witnesses departure of top investment banking executives
Barclays, a UK-based financial services firm, is witnessing an exodus in its investment banking unit as three more officials resigned recently following the resignation of the bank’s Americas chief Skip McGee.
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Prosper Marketplace raises $70m for business expansion
Prosper Marketplace, a US-based peer-to-peer firm, has raised $70m in additional funding that can be used for the companys growth and expansion.
Vow Financial confirms speculation reports on YBR acquisition deal
Tim Brown, chief executive of Vow Financial, confirmed the Yellow Brick Roads (YBR) ASX report regarding market speculation on the company’s acquisition by YBR.
Big retirement savings gains for small businesses: Fidelity analysis
As another sign of growing economic health for small businesses, Fidelity Investments latest Small Business Retirement Savings Analysis reveals increases in average balances and contributions for the third consecutive year.
BNY Mellon names new head of private bank life insurance lending group
BNY Mellon has reportedly appointed Rebecca Ryan as head of private banks life insurance lending group, a newly created role.
Impact investors to commit 19% more capital in 2014: JP Morgan and GIIN
About 125 of the world’s largest impact investors, including fund managers, banks, foundations, development finance institutions, and pension funds surveyed by J.P. Morgan and the Global Impact Investing Network (GIIN) expect to commit 19% more capital to impact investments in 2014 compared to 2013, as satisfaction with the financial returns and the social and environmental impact of these investments remains high.