All articles by Verdict Staff
Verdict Staff
Fidelity restructures institutional funds management team
Fidelity has restructured the management across its funds including the £239 million Institutional UK Index-Linked Bond and £54 million Global Diversified Institutional funds.
Harper Government cracks down on offshore tax evasion
Minister Kerry-Lynne Findlay has launched the Offshore Tax Informant Program (OTIP), in Economic Action Plan 2013 as the Stop International Tax Evasion Program, one of the new measures to crack down on international tax evasion and aggressive tax avoidance.
PwC comments on political agreement on MiFID II
European policy makers agreed wide ranging changes to regulation for operators and participants in European financial markets in late-running talks.
BNY Mellon appoints new regional MD for wealth management in New Jersey
BNY Mellon has appointed Daniel Scavone as new regional managing director for wealth management in New Jersey.
NAB Asset Servicing names new business development head
NAB Asset Servicing has named Peter Hele as new head of business development for Australia and New Zealand, effective from 20 January 2014.
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RHB Bank to expand Singapore business
Malaysia-based RHB Bank Group is planning to expand its business in Singapore by 2016 with prime focus on business banking, corporate and investment banking.
UK FCA publishes finalised guidance on inducements for product providers and advisory firms
In finalised guidance on inducements, the Financial Conduct Authority (FCA) makes it clear that financial advisers and product providers share the responsibility of managing potential conflicts of interests when receiving and making payments under service and distribution agreements.
BlackRock net profit surges to US$841 million in Q4
American money manger BlackRock has reported a net profit of US$841 million for the fourth quarter, up 22% from US$690 million a year earlier.
Double digit increases revealed by 2014 Hedge Fund Compensation report
The 2014 Hedge Fund Compensation Report revealed that hedge fund players received increases in both base salary and year-end bonuses.
Taiwan Cooperative to buy shares of BNP Paribas TCB Asset Management
Taiwan Cooperative Financial has signed an agreement with France-based BNP Paribas Investment Partners to buy back the shares of BNP Paribas TCB Asset Management.