All articles by Verdict Staff
Verdict Staff
Natixis affiliate launches new multi-asset absolute return fund
H2O Asset Management (H20 AM), an affiliate of Natixis Global Asset Management, has launched H2O MultiReturns Fund, a UK-domiciled multi-asset absolute return fund.
NexJ selected by the UK private banking division of a major global investment bank
NexJ Systems has announced that the United Kingdom private banking division of a major global investment bank will streamline their Know Your Client (KYC) process with NexJ Contact for Finance.
Rabobank to pay US$1 billion Libor fine; CEO steps down
The Dutch lender Rabobank has agreed to pay US$1.07bn to US, UK and Dutch regulators over its role in the Libor-rigging scandal.
Maybank launches Islamic asset management unit
Malayan Banking Berhad (Maybank) has launched a new Islamic asset management unit to provide Sharia-compliant investment products for investors.
Deutsche Bank extends contract of co-CEO Jürgen Fitschen
Deutsche Bank has decided to extend the duration of its co-CEO team by renewing the contract of Jürgen Fitschen.
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State Streets Investor Confidence Index falls in October
State Streets global Investor Confidence Index (ICI) fell to 95.7 in October, down 5.6 points from September’s revised reading of 101.3.
FTSE launches new Shariah Developed Minimum Variance Index
FTSE Group (FTSE), the global index provider, has launched its new FTSE Shariah Developed Minimum Variance Index.
Mercer appoints new wealth management head in Asia
Mercer, a wholly owned subsidiary of Marsh & McLennan Companies, has appointed Steven Seow as head of its wealth management in Asia.
Gibraltar Private Bank & Trust appoints new senior vice president
Gibraltar Private Bank & Trust has appointed Douglas Sawyer as senior vice president and market executive in its downtown office.
Pre-tax profit down 90% at Barclays’ wealth, investment arm in Q3
The wealth and investment management arm of Barclays has reported a pre-tax profit of £7 million for the third quarter of 2013, a decline of 90% compared with £70 million reported a year ago.