All articles by Verdict Staff
Verdict Staff
US signs FATCA agreement with Chile
The governments of US and Chile have signed a Model 2 intergovernmental agreement (IGA) to implement the Foreign Account Tax Compliance Act (FATCA).
AIS Capital Management sues five banks over gold price manipulation
AIS Capital Management has filed a lawsuit against five banks for willingly fixing the London benchmark gold price using unscrupulous practices for their own benefits.
MIP Global completes purchase of Chessica Asset Management
MIP Global (Mosaic Investment Partners), a US-based financial services firm, has completed the acquisition of Chessica Asset Management.
LPL Financial adds Redstone Federal Credit Union to its Institution Services Platform
LPL Financial, a wholly owned subsidiary of LPL Financial Holdings, has welcomed Redstone Federal Credit Union (RFCU), to its Institution Services platform.
BofA appoints new CEO of Brazil unit
Bank of America has appointed Rodrigo Xavier as new chief executive of its Brazilian wholesale and investment banking unit, with effect from 31 March.
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AXA Investment Manager’s AuM up 3% in 2013
AXA Investment Managers’ (AXA IM) assets under management (AuM) at the end of December 2013 were 547 billion, up 3% or 14.5 billion compared with 2012.
Standard Life to launch new DFM service on Wrap platform
Standard Life is set to launch a third party discretionary fund management (DFM) service for advisers on its wrap platform.
UOB Bullion and Futures joins DGCX to target Middle East clients
UOB Bullion and Futures (UOBBF), a wholly-owned subsidiary of United Overseas Bank (UOB), has been approved as a clearing member of the Dubai Gold and Commodities Exchange (DGCX).
Industrial Bank partners with Lombard Odier for private banking services
Industrial Bank has entered into a cooperative agreement with Lombard Odier for private banking services.
Commodity market increased in February due to positive fundamentals: Credit Suisse
Commodities increased in February as supply and demand fundamentals supported returns.