All articles by Verdict Staff

Verdict Staff

Capital Guardian adds two managing directors to Boston office

Capital Guardian, a full service wealth management firm, has hired Eric Engdahl and Anthony Camlin as managing directors of equity sales trading. They will be based in the Boston office.

AXA set to spin off private equity arm-report

French insurer AXA is said to be close to a deal to spin-off its private equity investment arm to a management-led consortium, the Financial Times has reported.

ECB establishes new framework for assessment of securities settlement systems and links

The European Central Bank (ECB) has published a new ‘Framework for the assessment of securities settlement systems and links to determine their eligibility for use in Eurosystem credit operations.’

Loeb King Capital Management unveils alternative mutual fund

Loeb King Capital Management has unveiled its multi-strategy mutual fund that will include a range of hedge fund and alternative strategies.

Franklin Templeton head defined contribution sales for US institutional marketplace

Franklin Templeton Investments has appointed Drew Carrington as senior vice president and head of defined contribution for US institutional marketplace.

Swiss private banks face 7,000 job cuts amid new EU regulations

As many as 7,000 Swiss private banking jobs could be culled if the EU federal government proposes stiff new regulations aimed at improving market infrastructure and the quality of service provided, according to Financial Times.

Absa Capital receives regulatory approval for palladium ETF in South Africa

South African investment bank Absa Capital has received regulatory approval for its planned Johannesburg-listed palladium exchange-traded fund and plans to launch the product by the end of the year, according to Reuters.

HSBC launches Far East ex-Japan UCITS ETF in Europe

HSBC has further expanded its range of physical ETFs in Asia with the launch of HSBC MSCI AC Far East Ex Japan UCITS ETF (HMAD) on the London Stock Exchange and Deutsche Börse.

SEC names chief litigation counsel

The Securities and Exchange Commission (SEC) of US has named Matthew Solomon as chief litigation counsel in the division of enforcement.

Jersey Bankers Association appoints new president

The Jersey Bankers Association (JBA) has appointed Richard Ingle as its new president, Business Life has reported.