All articles by Verdict Staff
Verdict Staff
Real estate largest asset class for HNWIs in France
Real estate largest asset class for HNWIs in France
Citigroup to open representative office in Iraq
Citigroup has received an approval from the Central Bank of Iraq to establish a representative office in Baghdad, Iraq.
FIIs pull out of US$5 billion from Indian debt and equities in June: SEBI
The Securities and Exchange Board of India (SEBI) has released a data showing that almost INR291.91 billion (over US$5 billion) worth of debt and equities have been pulled out by foreign institutional investors (FIIs) in the month of June 2013.
Axa Portfolio Services posts pre-tax loss of GBP29.9 million
Axa Portfolio Services, the parent company of the Axa Elevate platform, has reported a pre-tax loss of GBP29.9 million for the year ending 31 December 2012, compared to a loss of GBP33.5 million reported for 2011.
Guernseys finance industry shows growth across the board
The investment fund, banking and insurance sectors in Guernsey have all grown during the opening months of 2013.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Operating profits of US, Canadian private banks surge 11% in 2012: McKinsey
Operating profits at American and Canadian private banks rose 11% to US$12.3 billion in 2012 as client assets increased by 8%, according to consultancy firm McKinsey.
SEC Municipal Securities Enforcement chief steps down
Elaine Greenberg, Chief of the Enforcement Divisions Municipal Securities and Public Pensions Unit and Associate Director of the Philadelphia Regional Office, is leaving the Securities and Exchange Commission after more than 25 years of service.
Apax Partners closes $7.5 billion global private equity fund
Apax Partners, a global private equity firm focused on long-term investment in growth companies, has launched the final close of Apax VIII, a $7.5 billion global fund, increasing Apax’s total committed capital to more than $40 billion across all funds.
BlackRock to cut 250 funds
BlackRock is planning to cut 250 funds from its range to focus on products that account for a higher proportion of revenues.
Mediobanca to start new asset management platform
Italy-based Mediobanca plans to launch a new asset management platform, Mediobanca Alternative Asset Management (MAAM), according to its Investor Day report.