All articles by Verdict Staff
Verdict Staff
NBC opens private banking facility for wealthy clients in Dar es Salaam
The National Bank of Commerce (NBC) has opened a private banking facility in Dar es Salaam to access special banking services.
SEC fee rate advisory #1 for fiscal year 2014
The Securities and Exchange Commission has reported that in fiscal year 2014, the fees that public companies and other issuers pay to register their securities with the Commission will be set at US$128.80 per million dollars.
Turkeys CMB signs MoUs with European regulators to supervise alternative investment fund managers
The Capital Markets Board of Turkey (CMB) has signed Memoranda of Understanding (MoUs) with securities regulators of 13 EU member states and three European Economic Area (EEA) countries concerning cooperation for the supervision of alternative investment fund managers.
Allianz Global Investors cuts 150 jobs
Allianz Global Investors has cut about 150 jobs, bringing the total number of people it employs to 1,650.
LGIM expands multi-asset team with new appointment
Legal and General Investment Management (LGIM) has hired Justin Onuekwusi as fund manager for its risk-profiled multi-asset funds.
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ICICI Securities launches investment advisory services
India-based ICICI Securities has launched its investment advisory services under the new Investment Advisors Regulations of 2013 issued by the SEBI and aims to break even in a few months.
Isle of Man signs tax co-operation agreement with Switzerland
The Isle of Man has signed a Tax Information Exchange Agreement (TIEA) with Switzerland.
Sturgeon Ventures launches portfolio management service for charities
London-based Sturgeon Ventures has launched a non-profit fixed income portfolio management service for charities, which are overlooked by large fund managers because they have less than £20 million to invest.
Italian financial advisors networks post 1.3 billion of net inflows in July: Assoreti
Italian networks of financial advisers have posted total net inflows of 1.3 billion in July 2013, compared to 1.6 billion in June 2013, according to a report from industry association Assoreti.
Hedge Fund Association forms new academic advisory board
The Hedge Fund Association (HFA) has formed a new academic advisory board to empower and educate students and others about the hedge fund industry.