All articles by Verdict Staff
Verdict Staff
UK court rejects Aberdeen Asset Managements appeal over £5.4 million tax bill
A UK civil court has rejected Aberdeen Asset Managements appeal against a £5.4 million tax bill after being found to have offshore tax-free money boxes, Evening Express has reported.
Calastone launches net fund settlement service in conjunction with Barclays
Calastone, a UK-based cross-border transaction network for the mutual funds industry, has partnered with Barclays to launch an automatic net fund settlement service.
Gibraltar Private Bank & Trust opens new relationship office in Florida
Gibraltar Private Bank & Trust has opened its new relationship office in Miami Beach, Florida in order to accommodate the bank’s continued growth and presence.
JP Morgan launches new emerging markets fixed income index
JP Morgan has introduced a new emerging markets fixed income index, the JP Morgan Middle East Composite Index (MECISM), that holistically captures the Middle Eastern US dollar-denominated debt market covering sovereign, quasi-sovereign and corporate issuers.
Jersey and Guernsey sign FATCA agreements with UK
The Channel Islands of Jersey and Guernsey have signed intergovernmental agreements (IGA) with the UK on a package of tax measures built to boost the automatic exchange between of tax information between the countries.
DeAWM appoints co-heads of asset management coverage in MENA region
Deutsche Asset & Wealth Management (DeAWM) has appointed Fahad Albader and Adel Dagher as co-heads of asset management coverage in the Middle East and North Africa (MENA) region.
Investec names head of high net worth lending within private banking division
Investec Specialist Bank has named Eden Riche as head of high net worth lending within its private banking division, effective immediately.
Threadneedle shelves plan to launch ABS trust
Threadneedle has dropped its plans to launch an Asset Backed Income trust investing in asset-backed securities due to insufficient investor demand.
China Asset Management awards fund administration services mandate to Citi Hong Kong
China Asset Management Hong Kong (CAMHK) has appointed Citi Hong Kong to provide global custody, trustee and fund administration services for its newly launched CES China A80 Index ETF.
London Borough of Hounslow appoints Threadneedle to manage UK property mandate
Threadneedle Investments has won a UK property mandate from the London Borough of Hounslow.