All articles by Verdict Staff
Verdict Staff
Warburg Pincus acquires majority stake in Source
Warburg Pincus, a US-based private equity group, has acquired a majority stake in UK-based exchange traded funds provider Source from a group of banks including Bank of America Merrill Lynch and Goldman Sachs.
Modera Wealth Management names new financial advisor
Modera Wealth Management has appointed Kelly McCauley as its new financial advisor.
Threadneedle appoints fund manager for US equities team
Threadneedle Investments has appointed Nadia Grant as a new fund manager for its US equities team, effective from 3 February 2014.
Russia to join OECD tax convention
Russia is planning to join an international treaty developed by the OECD and Council of Europe in a bid to share tax information with other member countries.
Regulator appoints firms to conduct independent review of RBS treatment of troubled small firms
The financial regulator has appointed two outside firms to do an independent review of Royal Bank of Scotland’s treatment of businesses in financial difficulty and consider allegations of poor practice set out in a recent report.
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Kaiser Partner appoints senior partner and vice-chairman
Kaiser Partner has appointed Elmar Wiederin as senior partner and vice-chairman.
Neptune closes global long/short sector fund
Neptune has shut down its Global Long/Short Sector fund after two years following the exit of co-manager Ted Alexander.
PwC launches new IGA monitor for organizations
PricewaterhouseCoopers (PwC) has launched an intergovernmental agreement (IGA) monitor for organizations that are affected by the legislation to keep informed up-to-date with the release of IGAs.
UBS plans to divest fixed income trading platform
Swiss bank UBS is set to outsource its fixed income trading platform to two technology firms Murex and Ion Trading in a move to cut costs.
The 2014 Millionaire Explosion
A comprehensive survey predicts rapid millionaire growth in the year ahead