All articles by Verdict Staff
Verdict Staff
Amana Capital receives license to operate in UK
Amana Capital, a Lebanon-based financial services firm, has received a license from the UKs Financial Conduct Authority (FCA) to operate in the country.
Tribunal upholds UK FCA’s £80,000 fine on broker for false submission of income details
The Upper Tribunal (Tribunal) has upheld the decision of the UK’s Financial Conduct Authority (FCA) to impose a financial penalty of £80,000 on Amir Khan, director of Sovereign Worldwide Limited (Sovereign), for dishonestly submitting false income details to a mortgage lender in a personal mortgage application.
Bank of the West releases Individual Philanthropy Index by Forbes Insights in US
Bank of the West Wealth Management, in partnership with parent company BNP Paribas, has published the second edition of its Individual Philanthropy Index, which measures and reflects the commitment of philanthropists in four regions – Europe, Asia, the Middle East and for the first time, the United States.
JPMorgan appoints new vice-chairman of Asia Pacific business
JPMorgan Chase has appointed its current China head Zili Shao as the new vice-chairman of Asia Pacific business.
AIMA publishes new AIFMD implementation guides
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has published a new set of practical guides for hedge fund managers wishing to comply with the Alternative Investment Fund Managers Directive (AIFMD).
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Wealth Access announces streamlined estate platform version 3.0
Ultra-high-net-worth clientele of Wealth Access, with Estate Platform 2.0, had already removed the hassle of organizing complex, multi-generational financial portfolios, but with Version 3.0 the company has taken up its concierge-level support to a new management tier, offering the distinctive ability to split ownership of accounts between entities and members.
World Bank introduces first Kangaroo green bond in Australia
The World Bank has priced an A$300 million 5-year fixed rate Kangaroo green bond, the first of its kind in the Australian domestic market.
Credit Agricole shuts down five branches in Crimea: report
French banking major Credit Agricole has reportedly shut down all its branches in Crimea following Russia’s annexation of Crimea.
ING completes sale of asset management arm in Taiwan
ING has completed the sale of asset management arm in Taiwan to Japanese investment manager Nomura Asset Management.
Securities America adds team with US$100 million in client assets
Fortress Wealth Advisors of Omaha, Nebraska, has joined Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc.