All articles by Verdict Staff

Verdict Staff

Cyber and geopolitical risks remain financial industry’s key concerns

Cyber risks, and geopolitical concerns such as the result of the US presidential election and UK’s decision to quit the European Union, are among key risks facing the global financial system, according to a survey by The Depository Trust & Clearing Corporation (DTCC).

Vanguard unveils equity index funds in UK

American investment management firm Vanguard has rolled out two new equity index funds in the UK.

First Names Group appoints deputy MD of Jersey trust operations

First Names Group has promoted Andrew De La Haye to the role of deputy managing director of the firm’s Jersey trust unit.

RC Brown Investment Management names investment director

UK-based RC Brown Investment Management has appointed Neil Whelan as its new investment director.

BNY Mellon opens eighth fintech innovation facility in Singapore

The Bank of New York Mellon (BNY Mellon) is set to open a new innovation centre in Singapore that will focus on creating data-driven market solutions through partnership with Asian fintechs and customers.

Singapore’s Capital Springboard rolls out alternative finance fund for investors

Capital Springboard, a Singapore-based peer-to-peer (P2P) invoice financing platform for accredited investors, has unveiled the new Pentad Capital Springboard Class fund for accredited investors in Singapore, in collaboration with London based Centurion Portfolio Managers.

Calamos appoints new fixed income co-CIO

Calamos Investments, a US-based investment management firm, has hired R. Matthew Freund as co-chief investment officer, head of fixed income strategies.

RBC withdraws tax advice service in UK and Channel Islands

Royal Bank of Canada (RBC) has scrapped tax advice offering in the UK and Channel Islands to simplify operations.

RBC Wealth Management-US hires new advice, solutions group head

RBC Wealth Management-US has named Ann Senne as head of its newly created advice and solutions group.

HSBC adjusted pre-tax profit rises 7% in Q3

British banking giant HSBC has posted adjusted pre-tax profit of $5.59bn for the third quarter of 2016, an increase of 7% compared to $5.24bn in the corresponding period of 2015.