All articles by Verdict Staff
Verdict Staff
Barclays to shut down commodities unit-report
Barclays is reportedly planning to shut down its commodities unit including large parts of its metals agricultural and energy business.
UK’s Financial Conduct Authority set to implement new listing rules in May 2014
The UK’s Financial Conduct Authority (FCA) has confirmed that new rules on the UK listing regime are scheduled to be taken to the Board for consideration on 1st May 2014.
Dynasty Financial Partners appoints new chief technology officer
US-based Dynasty Financial Partners has appointed Paul Metzger to the newly-created role of chief technology officer.
US CFTC charges financial advisor with solicitation fraud, registration violations
The US Commodity Futures Trading Commission (CFTC) has filed an enforcement action against Defendant Wayne Pennoyer Weddington III of New York, New York, and his companies, Brunswick Capital LLC (BCLLC), a Connecticut corporation, and Brunswick Capital Partners LP (BCLP), a Delaware corporation, charging them with solicitation fraud, making false statements, and registration violations in connection with a commodity pool that he formed called Pennoyer International Funds Global Opportunity LLC (the Pennoyer Fund).
HMRC plans to sell taxpayers details to private firms
The HM Revenue & Customs (HMRC) is reportedly planning to sell UK taxpayers personal data to private firms.
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Allfunds Bank names new head for Luxembourg business
Allfunds Bank, a Spain-based mutual fund platform, has named Chris Edge as new head of its Luxembourg business.
Russian Banks to comply with FATCA without closing bank accounts
Russian Ministry of Finance has proposed a law that allows banks to comply with the US Foreign Account Tax Compliance Act (FATCA) without closing the accounts of their customers.
Goldman Sachs investment management unit sees 20% rise in Q1 revenues
Net revenues at Goldman Sachs investment management unit were US$1.57 billion for the first quarter of 2014, 20% higher than the first quarter of 2013.
EY appoints global vice chair and general counsel
EY has announced the appointment of Michael Solender as global vice chair and general counsel to carry out the global reorganization of the EY legal function and integrate EY’s internal legal operations worldwide.
BNPP IP names new head of global segments and EMEA
BNP Paribas Investment Partners (BNPP IP) has named Cynthia Sweeney Barnes as new head of global segments and EMEA, with effect from 13 May 2014.