All articles by Verdict Staff
Verdict Staff
MNI India Business Indicator falls to 57.8 in December
The MNI India Business Indicator fell to 57.8 in December from 64.6 in November, the lowest since July as both Production and New Orders fell, with the manufacturing sector leading the decline.
Swiss bank EFG International agree to participate in US tax probe
Swiss private bank EFG International has decided to participate in the US Tax Programme as a Category 2 bank.
RBS may raise salaries to avoid EU bonus cap
The Royal Bank of Scotland (RBS) is reportedly considering doubling the salaries of top executives, in a move to avoid EU-wide bonus cap.
EW Group approves GBP2m loan to European Wealth Management
EW Group, an investment management company, has provided a further £200,000 loan to European Wealth Management Group (EWMG).
All eyes still on central banks for driving asset class returns: UBS
The UBS Global Asset Management Cyclical Market Forum, held quarterly to discuss three plausible economic scenarios and their potential implications for investments over the next 12 months, found its 4Q13 Forum dominated by discussion over the continued effects of central bank activity on asset prices.
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India, San Marino sign tax information agreement
India and San Marino have entered into a bilateral tax agreement that includes exchange of banking and ownership information.
Former-Invesco sales director joins Oakley Capital
Former-Invesco sales director Craig Newman has reportedly joined Oakley Capital as head of retail asset management.
ASIC helps develop IOSCO report on regulation of retail structured products
The International Organization of Securities Commissions (IOSCO) has published a final report on Regulation of retail structured products, which provides a toolkit outlining regulatory options that securities regulators globally may find useful to regulate retail structured products.
HDFC Mutual Fund to buy Morgan Stanley schemes in India
HDFC Mutual Fund has entered into an agreement to acquire all the eight schemes with assets worth around INR32.9bn ($532m) of Morgan Stanley Mutual Fund (MF) in India.
Catella names new corporate finance head
Stockholm-based financial group Catella has named its current president and CEO Johan Ericsson as the new head of corporate finance, one of the two operating segments in Catella.