All articles by Verdict Staff
Verdict Staff
UBS Japan to pay US$100 million in Libor rate-fixing case
A US District court has ordered UBS Securities Japan to pay a US$100 million fine as a part of its role in the manipulation of the benchmark interest rate Libor.
Julius Baer mulling further expansion of Brazil footprint
The Brazilian unit of private banking firm Julius Baer Group will be opening offices outside of Brazil’s two largest cities to expand its presence in the country, according to Bloomberg.
Standard Chartered launches new development index
Standard Chartered has launched the Standard Chartered Development Index (SCDI), as part of a new report entitled Measuring sustainable development, which covers 31 economies.
Deutsche Asset & Wealth Management expands client advisor team in Houston
Deutsche Asset & Wealth Managements (DeAWM) Private Client Services has hired a team of three client advisors in Houston to expand distribution of wealth planning advice and investment solutions to wealthy individuals and families.
Barclays bolsters financial institutions team with focus on client solutions
Barclays continues to invest in its global financial institutions team with the launch of global client solutions team.
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SYZ Asset Management appoints distribution director for UK
SYZ Asset Management, the institutional asset management arm of the Swiss banking Group SYZ & CO, has appointed Ian Penrose as its new distribution director for UK.
BNP Paribas launches new fair value FX model for emerging markets
BNP Paribas has extended its STEER model, the bank’s short-term estimate of exchange rate fair value, to cover a range of emerging markets with the launch of EM STEER.
UKs cost of living to rise nearly by two thirds in next two decades: Study
Based on the UKs average inflation rate of 2.5%, British nationals can expect their biggest purchases and investments to increase by nearly two thirds within the next 20 years, according to a study report published by London-based Liberty Wealth Management.
Allianz Global Investors unveils new share classes for global small cap equity fund
Allianz Global Investors has said that Allianz Small Cap Equity fund will now be available to retail investors following the launch of a series of retail and institutional share classes across the UK.
NYSE Technologies obtains license to distribute market data in China
NYSE Technologies, the commercial technology division of NYSE Euronext, has obtained approval from the Chinese State Council Information Office (SCIO) to distribute market data in China.