All articles by Verdict Staff
Verdict Staff
US investors cling to hope for domestic stocks and dollar; downbeat outlook on global equities: Survey
American investors remain hopeful about prospects for domestic stocks and the US dollar in the fourth quarter of 2013, despite their decidedly pessimistic view of the global equities markets and the struggling US economy, according to the latest global retail investor survey conducted by TradeStation, a Monex Group company.
Implementation of Swiss FATCA law postponed by six months
Swiss banks have been told that the implementation of the US Foreign Account Tax Compliance Act (FATCA) law, which was scheduled to go into effect in January 2014, has been postponed by six months to July 2014, according to GenevaLunch News.
Vienna Stock Exchange launches premium segment for corporate bonds
The Vienna Stock Exchange is enlarging its market for corporate bonds and will operate a new segment – corporates prime.
Australia delays offshore tax changes
The Australian Government has said that it will not go ahead with the planned 1 October 2013 start date for changes to the Offshore Banking Unit (OBU) regime.
REITs continue their global growth, says new EY report
Real estate investment trusts (REITs) expanded their share of global transaction activity in the sector in the first six months of 2013, but the pace of that activity is likely to drop off through the balance of this year and into 2014, according to EYs latest Global perspectives: 2013 REIT report.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Julius Baer expands in Germany with new branch in Mannheim
Bank Julius Bär Europe has expanded its presence in the German market by opening of a new branch in Mannheim.
UK funds under management up 6.5% to £5.4 trillion: TheCityUK report
The UK’s fund management sector was responsible for a record £5.4 trillion of funds at the end of 2012, some 30% above the pre-crisis peak, according to TheCityUK’s Fund Management report.
Source partners with Nomura to launch private-equity ETF
Source, a UK-based ETP provider, has partnered with Japanese investment bank Nomura to launch a new private-equity ETF.
DTCC to partner with global banks to develop comprehensive client reference data service
The Depository Trust & Clearing Corporation (DTCC) has signed a memorandum of understanding (MOU) with a group of large global banks that includes Barclays, Credit Suisse, Goldman Sachs and JPMorgan Chase to develop comprehensive client reference data service.
DeAWM strengthens real estate investment team in Americas
Deutsche Asset & Wealth Management (DeAWM) has strengthened its real estate investment team in the Americas by appointing four new members.