All articles by Verdict Staff

Verdict Staff

European Banking Authority warns consumers on virtual currencies

The European Banking Authority (EBA) has issued a warning on a series of risks deriving from buying, holding or trading virtual currencies such as Bitcoins.

Crown Dependencies sign FATCA agreements with US

The Governments of Jersey, Guernsey and the Isle of Man have signed Model I intergovernmental agreements (IGAs) with the US government in London to comply with the FATCA law.

Hedge Fund launches fall as uncertainty over Volcker rule rises: HFR

New hedge fund launches declined to the lowest level in nearly three years in the third quarter, while the number of hedge fund liquidations rose to the highest level since the fourth quarter of 2012, according the latest HFR Market Microstructure Industry Report.

Swissquote Bank launches the exclusively designed expat account in UAE

Swissquote Bank MEA (SQM) a Dubai, United Arab Emirates, subsidiary of Swissquote Bank SA. (SQB), has launched its first retail product in the region, the expat account, which is aimed at members of the 500,000 Western expatriates community living in the UAE who are interested in saving, trading and other investment products.

RBC Investor & Treasury Services awarded UCITS mandate by Westwood

RBC Investor & Treasury Services, part of Royal Bank of Canada has been appointed as custodian and fund administrator by Westwood Holdings Group for its Westwood Emerging Markets Fund.

Hedge fund investors redeems net of US$2.2 billion in October: TrimTabs, BarclayHedge report

Hedge fund investors redeemed a net US$2.2 billion (0.1% of assets) in October, reversing course after buying US$4.4 billion in September, according to a report by BarclayHedge and TrimTabs Investment Research.

Challenger buys SMSF services firm

Challenger has signed an agreement to acquire Australia-based SMSF actuarial certificate provider Bendzulla Actuarial for $25 million.

Bank REYL announces its interim executive structure

Dominique Paladini has been appointed interim chief executive officer of REYL Bank.

SIFMA appoints new CEO

The US Securities Industry and Financial Markets Association (SIFMA) has appointed Kenneth Bentsen as its new president and CEO, succeeding Judd Gregg with immediate effect.

Russell Investments strengthens multi-asset team

Russell Investments has strengthened its multi-asset team with the appointment of Mirko Cardinale to the newly-created role as asset allocation head for EMEA region.