All articles by Verdict Staff
Verdict Staff
UK and China in talks to set up renminbi clearing bank in London
The British and Chinese governments are in talks to set up a renminbi clearing bank in London to increase the supply of yuan products in Europe.
State Street Global Exchange launches first online ETF trading platform
State Street Global Exchange has launched the first online multi-sponsor Exchange Traded Fund (ETF) platform for Authorised Participants (AP’s) in Europe.
US Senate committee to focus on offshore tax evasion
The US Senate Permanent Subcommittee is expected to focus primarily on offshore tax evasion crackdown in its upcoming hearing next week.
Oracle introduces Oracle Eloqua for wealth management
Marketers in wealth management face new and unique challenges as they try to balance priorities that include growing the business, increasing the client-base, attracting top advisors and controlling costs.
ING Investment Management expands Nordic distribution team
ING Investment Management has hired Martin Philip to service clients and promote its investment offering in the Nordic region.
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Reduction in lifetime allowance triggers retirees to move pension funds overseas
George Osborne’s decision to reduce the Lifetime Allowance (LTA) from £1.5m to £1.25m from 6th April is prompting a growing number of the estimated 4.7 million British expatriates to move their pensions out of the UK, reveals one of the world’s largest independent financial advisory organisations.
ABN AMROs private banking business reports massive surge in 2013 profit
The private banking business of ABN AMRO has reported a net profit of 136 million for the full year 2013, a whopping 166% jump from 51 million a year ago.
Raymond James launches advisor development programme for women
Raymond James & Associates has launched a new training and development programme for female registered service associates to become financial advisors.
Northern Trust strengthens global family offices team in London
Northern Trust has strengthened its global family offices team in London with two new hires to support the complex needs of ultra-high-net-worth (UHNW) families and their family offices and foundations.
Bank Victoria expands into wealth management business
Indonesia-based Bank Victoria International has expanded into the wealth management business to add income to its retail banking and fee-based services.