All articles by Verdict Staff

Verdict Staff

UK lagged behind PIIGS as most european equity markets surged in Q1: Russell Indexes

The equity market in the UK fell by -0.5% over the first quarter as in the broad Russell Developed Europe Index.

JPMorgan to merge London Whale investment office into Treasury unit

JPMorgan Chase & Co is set to merge its chief investment office, which housed the London whale, into its New York-based bank’s Treasury unit as part of a restructuring plan.

Julius Baer eyeing acquisitions in Latin America-report

Swiss wealth manager Julius Baer is looking for acquisitions in Latin America as part of its strategy to increase customer assets from emerging-market regions.

PwC completes acquisition of Booz & Company

PwC has completed the acquisition of Booz & Company following the receipt of all relevant regulatory approvals.

Swiss pension system is in a tight spot: UBS

The Swiss pension system is in a tight spot, according to a UBS study “Retirement provision in Switzerland and the generational balance sheet: postponing payment day”.

Surge in investor appetite for opportunistic real estate funds: Preqin

New research from Preqin shows that investors in private real estate are increasingly moving up the risk/return spectrum, with a significant 59% of the real estate investors that are searching for new funds in the year ahead planning to target opportunistic funds, compared to 47% in the 12 months following Q1 2013

First Names completes acquisition of Mercator in Guernsey

First Names Group, an independent trust, fund and corporate services provider, has completed its acquisition of Mercator in Guernsey.

TDCC partners with Euroclear to launch new offshore RMB service

The Taiwan Depository & Clearing Corporation (TDCC) has partnered with Euroclear Bank to launch a new offshore RMB service to allow international investors settle Taiwanese-issued RMB bonds (Formosa bonds) in TDCC.

SEC charges Transamerica Financial Advisors for overcharging advisory fees to clients

The Securities and Exchange Commission has announced charges against a St. Petersburg, Fla.-based Transamerica Financial Advisors for improperly calculating advisory fees and overcharging clients.

Former JPMorgan, UBS executives to launch new hedge fund firm in London-report

Former investment bankers from JPMorgan and UBS are planning to launch a new hedge fund firm in London on 1 May 2014.