All articles by Verdict Staff
Verdict Staff
Mashreq Al Islami unveils new Sharia-compliant equity fund
Mashreq Al Islami, the Islamic banking division of UAE-based Mashreq, has unveiled a new Sharia compliant Islamic equity fund.
SGX launches clearing of Non-Deliverable Interest Rate Swaps
Singapore Exchange (SGX) has launched the clearing of Non-Deliverable Interest Rate Swaps (NDIRS) in Malaysian Ringgit and Thai Baht on 7 April 2014.
I Think Security introduces digital security service for asset managers
I Think Security, a Canada-based data protection company, has introduced a new digital security service for asset managers.
Talent mismatch costs global economy US$150 billion: PwC
New research by professional services network PwC, commissioned by LinkedIn has revealed that poor talent adaptability – the inability for people to retrain for new skills or switch industries – is costing the global economy billions of dollars in lost productivity and leads to businesses wasting huge sums on avoidable recruitment costs.
Atlas Mara Co-Nvest hires Barclays executive as CEO
Atlas Mara Co-Nvest (ATMA), an African financial services firm created by former Barclays boss Bob Diamond, has named John Vitalo as its new CEO.
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AFH receives subscription commitment to raise GBP 1.62 million
AFH Financial Group, a leading independent financial advisory and discretionary wealth management firm, has announced that the Company has received firm commitments to subscribe for a total of 1,157,854 ordinary shares of 10 pence each in the Company (Ordinary Shares) at a price of 140p per share (the Subscription).
RBS names corporate and institutional banking head for APAC
Royal Bank of Scotland (RBS) has named Pierre Ferland as its new head of corporate and institutional banking (C&I) for Asia-Pacific, effective 1 May 2014.
YCAP Asset Management announces new distribution focus on Germany
Luxembourg-based fixed income investment boutique YCAP Asset Management has announced that it will focus its distribution on semi- institutional and institutional investors in the German market, in collaboration with fund distribution consultant accelerando associates.
Exclusive: Technology, key to customer satisfaction
Over the past decade, the average individuals use of technology has progressed leaps and bounds. Customers have become exponentially more tech-savvy in their personal lives; a recent study shows that smartphone penetration has risen from less than 30% in 2012 to over 60% in the UK alone. Whether on a mobile phone or a tablet, apps and tools have become intrinsic to daily life. Private banks are now learning that their services need to be aligned with this trend to meet customer expectations.
Affluent Canadians plan to leave almost one-third of their wealth to their children: BMO
Affluent Canadians plan on leaving, on average, almost one-third (30%) of their wealth to their children, according to a study on high-net worth Canadians (those with investible assets of US$1 million or more) and the inter-generational transfer of wealth by BMO Harris Private Banking.