All articles by Verdict Staff
Verdict Staff
Swiss private bank Frey closes banking activities
Swiss private bank Bank Frey is to cease its operations for allegedly helping Americans to avoid taxes.
Italy and Switzerland to restart talks over taxing Italian assets held in Swiss banks
Italy has restarted negotiations with Switzerland over the taxation of Italian assets held in Swiss bank accounts to avoid higher tax rates.
Bermuda Government and Business Leaders launch New York business development initiative
Bermuda’s asset management sector has launched a high-level targeted business development roadshow in New York this week designed to attract asset management and fund business to Bermuda with an emphasis on the recent modernization of Bermuda’s fund legislation which facilitates fast-track fund registrations.
UBS Wealth Management Americas re-launches equity compensation business
UBS Wealth Management Americas has re-launched its equity compensation business, UBS Equity Plan Advisory Services.
Hedge fund assets surpass new milestone in third quarter: HFR
Total capital invested in the global hedge fund industry surged to a fifth consecutive quarterly record in 3Q13, driven by the highest inflows in over 2 years and eclipsing another milestone of industry expansion, according to HFR Global Hedge Fund Industry Report.
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Industry Funds Management rebrands to IFM Investors
Industry Funds Management (IFM), a global fund manager, has rebranded its name to IFM Investors.
DFM accredits Mubasher Financial Services and HSBC Middle East Securities for direct market access
Dubai Financial Market (DFM) has announced that ‘Mubasher Financial Services’ and ‘HSBC Middle East Securities’ have been accredited to provide Direct Market access (DMA) for global brokers lifting the number of DMA service providers to 4 brokerage firms.
JPMorgan gets nod to offer local mutual funds in China
JPMorgan Chase Bank (China) Company (JPM China) has received the fund distribution license from the China Securities Regulatory Commission (CSRC) to offer investors with local securities investment funds.
OppenheimerFunds expands Global Multi-Asset Allocation Group
OppenheimerFunds has expanded its multi asset capabilities with a newly formed Global Multi-Asset Group (GMAG).
Eastspring Investments appoints new chief risk officer
Eastspring Investments, the Asia asset management arm of Prudential Corporation Asia, has appointed Gwee Siew Ping as chief risk officer.