All articles by Verdict Staff
Verdict Staff
Societe Generale agrees Credit Agricole’s stake in Newedge- report
French bank Societe Generale has reportedly agreed to buy Credit Agricole’s 50% stake in their jointly owned brokerage firm Newedge.
Andorra deepens commitment to fight offshore tax avoidance and evasion
OECD Secretary-General Angel Gurría has welcomed Andorra’s steps to strengthen international tax co-operation, after it became the 60th signatory to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
Franklin Templeton Investments launches new actively managed ETF
Franklin Templeton Investments has launched a new actively managed Franklin Short Duration US Government ETF for US investors.
MFS launches Meridian Ascension Platform for emerging funds
Meridian Fund Services (MFS), a US-based independently owned and operated full-service fund administrator, has launched a new solution, Meridian Ascension Platform (MAP), which allows emerging funds to raise their profile and capital.
France to remove Jersey from its uncooperative jurisdictions list
Jerseys government has received assurances from the French Finance Ministry stating that Jersey will be removed from French uncooperative jurisdictions list in due course.
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DeAWM, Harvest Global Investments partner to launch new ETF in China
Deutsche Asset & Wealth Management (DeAWM) has joined forces with Harvest Global Investments, a wholly owned subsidiary of Harvest Fund Management, to launch a new exchange-traded fund (ETF) in China.
Mirabaud unveils global convertible bond fund
Swiss based Mirabaud Asset Management has introduced a new Global Convertible Bond fund to seize opportunities across the fixed income universe under various economic cycles.
Money funds face pressure in navigating changes in bank ‘support’: Fitch Ratings
Money market fund (MMF) managers will be under pressure to proactively manage exposures to financial institutions if changes to bank support assumptions lead to downgrades of banks that are active issuers to MMFs, according to a report by Fitch Ratings.
Skandia International expands Middle East and Africa sales team
Skandia International has expanded Middle East and Africa sales teams with the appointment of Dawn Walker-Bennett and Tom Northway as new area managers.
Britain signs tax agreement with Cayman Islands
The UK has signed an automatic tax information sharing agreement with the Cayman Islands as part of efforts to tackle tax evasion and to help British authorities improve tax collection.