All articles by Verdict Staff
Verdict Staff
Safra Sarasin to wind up wealth management JV in India
Swiss private bank J. Safra Sarasin Group is closing its Indian wealth management joint venture, Sarasin Alpen, after it failed to create significant scale in a competitive market hit by slowing economic growth.
Global Prime Partners to offer Liquid Holdings platform to European clients
Liquid Holdings Group has announced that Global Prime Partners will offer the Liquid platform to its significant portfolio of existing European clients as well as all new prime brokerage clients, becoming the exclusive prime brokerage partner of Liquid in Europe.
US hedge funds investing heavily in Greece banks
Paulson & Co, headed by hedge fund billionaire John Paulson, together with a number of US hedge funds had been aggressively investing into the struggling banking sector of Greece.
SEC names Karen Martinez as director of Salt Lake regional office
The Securities and Exchange Commission (SEC) of US has appointed Karen Martinez as director of the Salt Lake regional office.
Abacus and Carey Group join forces to launch Malta QROPS
Isle of Man based fiduciary services provider Abacus and a Guernsey based trustee firm Carey Group have joined forces to launch a new Malta domiciled QROPS product, the Falcon Plan.
UK Financial Investments appoints new non-executive director for UKAR board
UK Financial Investments (UKFI) has appointed Christopher Fox as non-executive director of UK Asset Resolution (UKAR), Bradford & Bingley, and Northern Rock.
APAC investors fret about banks’ Basel III instruments: Fitch
Most Asia-Pacific investors see several challenges to investing in Basel III-compliant capital instruments, according to a new Fitch Ratings regional cross-sector investor survey.
American billionaire pleads guilty to tax evasion on money stashed in UBS bank account
H. Ty Warner, the creator of Beanie Babies plush toys, has pleaded guilty to tax evasion on US$25 million stashed secretly in UBS bank account.
iLEVEL expands internationally with London office
iLEVEL, a cloud-based software provider to the private capital market, has opened a new office in London.
FCA censures Catalyst Investment Group for misleading investors
The Financial Conduct Authority (FCA) of UK has censured Catalyst Investment Group for recklessly misleading investors when promoting bonds offered by ARM Asset Backed Securities between November 2009 and May 2010.