All articles by Verdict Staff
Verdict Staff
IndexChange co-founder to launch new fund
Hans Günther Bonk, the co-founder of IndexChange, the ETF business of iShares German operation, is to launch a new fund which will invest in the subordinated debt and contingent convertibles of banks and insurers.
BNP Paribas hires new head of sales for Australia, New Zealand
BNP Paribas Securities Services has hired Ian Perkins as new head of sales for Australia and New Zealand replacing Stephen Tremelling, who has left the firm to pursue other opportunities.
Russian Finance Ministry asked to draft FATCA-linked agreement with US by Jan 20
Russian Prime Minister Dmitry Medvedev has asked the Russian Finance Ministry and the Central Bank to draft an agreement on bilateral cooperation to implement the US Foreign Account Tax Compliance Act (FATCA) by 20 January 2014.
Old Mutuals finance director to step down in 2014
Philip Broadley, the group finance director of fund manager Old Mutual, will step down from his position in 2014 after a spell of five years.
US Wealth Management appoints new wealth manager for Los Angeles office
US Wealth Management has appointed Robert Crawford as wealth manager for its Los Angeles, California branch office.
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Nearly two-thirds of businesses struggle to make use of digital innovation: Capgemini
Nearly two-thirds (64%) of businesses in the UK struggle to monitor and realise the benefits from digital innovation, according to a new research from Capgemini Consulting, drawing on the views of 57 leading senior executives.
Partners REIT signs agreement to accelerate internalization plans
Partners REIT announced that the Board of Trustees has entered into an arrangement intended to accelerate the REIT’s internalization to no later than February 15, 2014.
Alceda partners with ECPI to launch new mega trend fund
Luxembourg-based Alceda Fund Management has teamed up with ECPI Group, an independent index solution and advisory provider, to launch a new ECPI MEGA TREND FUNDS-ECPI Sustainable Global Mega Trends.
Gottex, EIM Group merge to form new investment management firm
Gottex Fund Management and EIM Group have agreed to merge their businesses to form a new global investment management company.
FCA issues penalty of £30,000 Christopher Willford failings ahead of 2008 rights issue
The Financial Conduct Authority (FCA) has fined Christopher Willford, the former finance director of Bradford & Bingley (B&B) £30,000 for failing to provide the board with up-to-date information about B&B’s financial position, including profits, mortgage arrears and re-possessions, ahead of its 2008 rights issue.