All articles by Verdict Staff
Verdict Staff
Rothschild boosts Swiss based client advisor team with new hires
Rothschild has appointed Christian Muller and Thomas Kunz to its wealth management business, effective from 1 March 2014.
Lyxor raises 225 million in new European senior debt fund
Lyxor has raised 225 million from European insurance companies in a new fund invested in senior secured loans.
Bank of America Merrill Lynch joins SWIFTs JASDEC Early Adopter Programme
Bank of America Merrill Lynch has joined SWIFTs Early Adopter Programme for the Japan Securities Depository Centre (JASDEC), the countrys central securities depository.
iShares plans four core allocation ETFs
iShares, the exchange traded fund unit of BlackRock, is crafting managed portfolios to help smaller retail investors diversify across a range of asset classes with just one investment.
BNP Paribas reorganizes fixed income business
French based BNP Paribas Corporate and Investment Banking has reorganised its fixed income business, splitting it into four product lines across three regions with effect from 1 October 2013.
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China allows foreign hedge fund firms to raise Yuan funds and invest globally
Six foreign hedge fund management companies have been granted permission by Shanghai to raise Yuan funds in China and invest it abroad, the 21st Century Business Herald reported.
NYSE Euronext introduces GBP/USD and GBP/EUR derivatives
NYSE Euronext has introduced GBP/USD and GBP/EUR options and futures on its market in Amsterdam.
Fiserv unveils FATCA monitoring and control solution
Fiserv has launched FATCA Manager, a monitoring and control solution that financial institutions can use to efficiently meet key requirements of the Foreign Account Tax Compliance Act (FATCA).
AXA Wealth fined £1.8 million over investment advice failings
The UK’s Financial Conduct Authority (FCA) has fined AXA Wealth Services £1,802,200 for failing to ensure it gave suitable investment advice to its customers.
UBS appoints new head for Australasian unit
UBS Global Asset Management has appointed Bryce Doherty as new head of its Australasian division, succeeding Ben Heap.