All articles by Verdict Staff
Verdict Staff
Man Group names new chief executive for Australian unit from JP Morgan
British alternative asset manager Man Group has appointed Jamie Douglas, from JP Morgan, as chief executive of its Australian business, Financial Standard reported.
Hyperion Asset Management teams up with Calastone network
Hyperion Asset Management, an Australian equities fund manager, has joined Calastone, an independent global transaction network for the superannuation and managed fund industries.
FCA issues fine of EUR1 million to sole trader
The Financial Conduct Authority (FCA) has issued its largest ever fine of nearly EUR1 million to a sole trader for deliberately misleading vulnerable customers for personal gain.
Three lessons Europe should learn from Japan: Carmignac Gestion
Although the risk of decline in ultra-accommodating monetary policies may be cited on a regular basis, and market apprehensions can be appeased as inflationary menace is on the retreat, the experience of Japan in the wake of its own recession in the early 1990s should be borne in mind, according to Carmignac Gestion.
Former UBS trader appears in court in connection with Libor scandal
Tom Hayes, a former UBS and Citi derivatives trader, appeared in a London court accused of conspiracy to defraud in connection with a global investigation into the Libor interest rate rigging scandal.
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BNY Mellon appoints Asia-Pacific head of asset servicing
BNY Mellon has appointed Michael Chan as Asia-Pacific head of asset servicing, who will continue to be based in Singapore.
Boal & Co launches its new QROPS in Gibraltar
Isle of Man-based Boal & Co has launched its new Gibraltar QROPS, trafalgar pension scheme, after “extensive research” to give advisers multi-jurisdictional choice for their clients.
DLA Piper, DIFC and US-UAE business council shed light on new FATCA law
Global law firm DLA Piper, DIFC and the US-UAE Business Council have together explored the scope and implications of the new law for businesses with operations in the UAE.
FINRA scrutinises brokerages’ social media postings
The Financial Industry Regulatory Authority (FINRA) of US is spot-checking brokerages’ use of social media such as Facebook, Twitter, LinkedIn and blogs.
Australian senate to launch inquiry into ASIC over CBA investigation
The Australian Senate has voted unanimously to launch an inquiry into the Australian Securities and Investments Commission (ASIC) following revelations that the regulator took 16 months to act on information from whistleblowers that suggested serious misconduct inside the Commonwealth Bank (CBA) financial planning unit.