All articles by Verdict Staff
Verdict Staff
Indian tax dodgers declare about $10bn under black money scheme
Tens of thousands of suspected tax dodgers in India disclosed nearly $10bn of hitherto undeclared income and assets under a government amnesty on tax evasion.
Manulife Asset Management appoints new EMEA client service, sales support head
Manulife Asset Management has hired Neil Summers to newly created role of Europe, Middle East and Africa (EMEA) client service and sales support head, effective 19 September 2016.
Colliers International snaps up ICADE Asset Management and ICADE Conseil
Colliers International Group has acquired ICADE Asset Management and ICADE Conseil, a French asset management and investor advisory services platform managing over 2bn in assets, for an undisclosed sum.
Housing markets overheating across the globe: UBS
Just a few years after the last major wave of global correction, housing bubbles are inflating again in major cities across the world, with Vancouver and London facing the greatest risk of housing bubble, UBS in its 2016 Global Real Estate Bubble Index report said.
Fiera Capital to acquire UK-based Charlemagne Capital
Canadian asset manager Fiera Capital has agreed to purchase UK-based Charlemagne Capital in an all-cash deal valued at £40.7m ($52.8m).
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Commerzbank to shed 9,600 jobs; suspend dividend
German lender Commerzbank has announced plans to axe 9,600 jobs, suspend dividend payments, and shrink securities trading in order to bolster profitability.
BlackRock taps Artivest to expand investor access to alternative investments
BlackRock has partnered with fintech firm Artivest to provide qualified investors broader distribution and better access to its alternative investment strategies.
FCA proposes new accountability rules for senior managers
The UKs Financial Conduct Authority (FCA) has proposed a series of measures to strengthen the senior managers and certification regime in order to reinforce the importance of individual accountability for senior level executives at financial services firms.
Northern Trust bolsters Global Family & Private Investment Offices team in London
Northern Trust has strengthened its Global Family & Private Investment Offices team in London by hiring Vignesh Vijayakumar and Yovan Dabee.
Old Mutual Wealth names new chairman
British wealth manager Old Mutual Wealth has appointed Glyn Jones as its new chairman, replacing Bruce Hemphill.