All articles by Verdict Staff
Verdict Staff
HNW Lending to provide loans with high value assets as security
HNW Lending has introduced a one-of-its kind loan scheme wherein the company will couple a borrower with high net assets with wealthy counterpart who is more cash rich.
Octopus Investments names new COO
Octopus Investments has named Alex Miller as new chief operating officer.
JANA Investment awards global equity mandate to Causeway Capital Management
Australia-based JANA Investment Advisers (JANA) has awarded a A$385 million global equity mandate to American asset manager Causeway Capital Management.
FINRA board approves amendment to supervision rule
The Financial Industry Regulatory Authority (FINRA) has announced that its Board of Governors approved amendments to FINRA’s supervision rule that would expand the obligations of firms to check the background of applicants for registration, including first-time applications as well as transfers, to verify the accuracy and completeness of the information contained in an applicant’s Form U4.
Newton to close its common investment fund for charities
Newton Investment Management, part of BNY Mellon, is planning to close its common investment fund (CIF) for charities as it becomes a relatively outdated investment structure.
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BoE, FCA hires new complaints commissioner
The Bank of England and Financial Conduct Authority have hired Antony Townsend as their new complaints commissioner, with effect from 1 May 2014.
Financial hangover and fiscal drag fading for US, UK and Europe: BNY Mellon
Global growth should accelerate in 2014, 2015 and 2016 due to a fading of past financial stresses and fiscal drags in the US, UK and Europe according to BNY Mellon chief economist Richard Hoey in his most recent Economic Update.
Ajman Bank signs a strategic alliance with Al Ramz Capital
Ajman Bank has signed a strategic alliance with Al Ramz Capital, one of the UAE’s leading financial institutions, aiming to provide Ajman Bank customers with the services to trade in the UAE’s stock market.
GAM unveils new tactical multi-asset fund
GAM has unveiled a new tactical multi-asset fund that covers all asset classes to utilize mispricing opportunities.
The Presidio Group Names Eight New Partners
The Presidio Group said that eight of the firms professionals have become equity partners, bringing the total number of employee-partners to 15.