All articles by Verdict Staff
Verdict Staff
HSBC to wind down wealth management business in South Korea
HSBC is planning to close its retail banking and wealth management businesses in South Korea as it seeks to revive profitability.
Canadians opt to “Keep it in the Family” when appointing an executor: BMO Harris Private Banking
As Canadians spend time enjoying summer, BMO Harris Private Banking reminds them to consider setting some time aside, if needed, to discuss important matters such as estate and trust planning – including who will act as Executor of their estate.
Canadian securities regulators establish regulatory framework for direct electronic access
The Canadian Securities Administrators (CSA) has issued amendments to National Instrument 23-103 Electronic Trading (NI 23-103), which will establish a consistent framework for the offer and use of direct electronic access (DEA) and address the financial and regulatory risks associated with DEA. NI 23-103 requires appropriate controls to ensure the integrity of dealers that offer DEA and the market as a whole.
Ignis Absolute Return Government Bond Fund surpasses 1 billion AUM
Ignis Asset Management has said that the Ignis Absolute Return Government Bond Fund has surpassed 1 billion in assets under management (AUM).
Laven Partners establishes new entity in Singapore
Consulting firm Laven Partners has strengthened its presence in Asia with the incorporation of a new entity, Laven Partners (Asia) Pte Ltd, in Singapore.
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Vistra names new head of business development
Vistra, an independent provider of trust, fiduciary, corporate and fund services to the HNW clients, has promoted Steve Rowland to head of business development at Vistra Jersey, according to International Adviser.
Tradeweb applies to be a swap execution facility with CFTC
Tradeweb Markets, a provider of fixed income and derivatives marketplaces, has had two wholly-owned subsidiaries apply for temporary registration with the U.S. Commodity Futures Trading Commission (CFTC) as Swap Execution Facilities (SEFs) in support of new derivatives trading regulations under Dodd-Frank.
Kleinwort Benson hires head of bonds and currencies
Kleinwort Benson has hired Fadi Zaher as head of bonds and currencies.
Deutsche Bank appoints new head of direct securities services for South Asia
Deutsche Bank has appointed Samba Sivan as South Asia head of direct securities services (DSS) for its Global Transaction Banking division.
Lloyds TSB Private Banking: Halifax house price index – June 2013
House prices continue to rise steadily. Prices in the three months to June were 2.1% higher than in the previous quarter, edging above the 1-2% range recorded throughout the first five months of the year.