All articles by Verdict Staff
Verdict Staff
Monaco ratifies OECDs multilateral tax convention
Monaco has ratified OECDs Convention on Mutual Administrative Assistance in Tax Matters, an agreement aimed to curb cross-border tax evasion.
ANZ hires customer fairness adviser
Australia and New Zealand Banking Group (ANZ) has appointed outgoing Commonwealth Ombudsman Colin Neave to the newly created role of customer fairness adviser.
BlackRock secures licence to invest directly into Chinese domestic capital markets
American fund manager BlackRock has secured its first Renminbi Qualified Foreign Institutional Investor (RQFII) licence from the China Securities Regulatory Commission.
Liontrust to snap up Alliance Trust Investments
Fund manager Liontrust has agreed to acquire the entire issued share capital of Alliance Trust Investments (ATI), the investment management arm of Alliance Trust, for £30m.
The end of austerity, the beginning of Reaganomics 2.0
Brexit and Trump. Two landmark events in 2016 point to a change in economic policies going forward: away from monetary policy to concerted fiscal stimulus and infrastructure spending. The largest economy in the world, the US, is ploughing ahead and taking global rates and the worlds reserve currency along with it, writes Chief Strategist and Head Research at Julius Baer, Christian Gattiker
Van Lanschot closes acquisition of Staalbankiers private banking activities
Dutch private bank Van Lanschot has concluded the acquisition of the private banking activities of Staalbankiers.
Intesa SanPaolo fined $235m in US for breaching anti-money laundering rules
Italian banking group Intesa SanPaolo and its New York branch has been fined $235m by New Yorks Department of Financial Services (DFS) for flouting anti-money laundering and bank secrecy laws.
AxiomSL: Outlook 2017 – raising the bar for regulatory compliance
Ed Royan, COO, EMEA at AxiomSL looks at how regulation will impact private banking in 2017
US Fed adopts rule to prevent government bailouts of large banks
The US Federal Reserve has issued a rule that requires the nations banks to hold sufficient debt reserves to resolve in an orderly way without any taxpayer-funded bailout during a potential collapse.
Old Mutual to reduce stake in US asset management unit through share sale
Old Mutual has announced plans to reduce stake in its US asset management arm, OM Asset Management, by selling 13 million ordinary shares through a public offering.