All articles by Verdict Staff

Verdict Staff

Prime Financial acquires 20% stake in accounting firm

Australian wealth management firm Prime Financial Group (PFG) has acquired 20% stake in a Melbourne-based accounting and advice firm as part of its joint venture strategy.

KraneShares, Bosera partner to unveil MSCI index-linked ETF

Krane Funds Advisors (KraneShares) has collaborated with Bosera Asset Management to unveil KraneShares Bosera MSCI China A Share ETF on the New York Stock Exchange.

Money is the last social taboo for the rich: deVere study

In the global survey conducted by deVere Group, one of the world’s largest independent financial advisory organisations, 61% of those polled ranked personal finance as the most difficult subject to discuss with family, friends and colleagues.

State Street Global Exchange expands global futures capabilities

State Street Global Exchange has announced the expansion of its futures commission merchant (FCM) solution to include futures execution.

Banca Esperia expands private banking team

Banca Esperia, an Italy-based private bank, has appointed Michele Forti to its team of private bankers.

BNP Paribas launches charity service for wealthy clients in Hong Kong

French banking giant BNP Paribas has reportedly set up a new team in Hong Kong to offer charity service to wealthy clients.

Affluent household outlook drops to four-month low in February: Spectrem

The Spectrem Affluent Household Outlook fell 6.36 points in February to 8.98, a four-month low.

Real estate cycle passed its peak in Switzerland: Credit Suisse

It is becoming increasingly clear that the real estate cycle in Switzerland has passed its peak, almost without anyone noticing, according to a research by Credit Suisse.

Kenya’s regulator propose separate framework for Islamic financial institutions

A separate regulatory framework for Islamic financial institutions has been proposed by the Kenya’s financial regulator to boost the country’s capital markets.

India opens seven overseas IT offices to curb tax evasion

India has opened seven new Income Tax Overseas Units (ITOUs) in countries such as Germany, USA and France as part of its efforts to crack down on offshore tax avoidance and promote foreign investment.