All articles by Verdict Staff
Verdict Staff
British tax havens agree to sign up to extended transparency code
Britain’s network of overseas territories and crown dependencies have agreed to prime minister David Cameron’s request of signing up to an extended set of transparency rules that are aimed at a tax evasion clampdown.
Paul Tucker to leave Bank Of England
The deputy governor of the Bank of England (BOE), Paul Tucker, has made his intention to leave the BOE public, though the exact date of his departure from the bank will be confirmed in due course of the year.
Amundi bolsters external distribution business
Amundi has made it a part of its strategic development plan to strengthen its relationships with external distributors globally by creating a dedicated global business line.
RBS closes retail structured product business
Royal Bank of Scotland (RBS), which is 81%-owned by the UK Government, has closed its retail structured product business citing high capital costs.
Liechtenstein’s LGT sponsors art exhibition in Singapore
Liechtenstein’s LGT Group is playing a key role in promoting the exhibition ‘Princely Treasures from the House of Liechtenstein’ at the National Museum of Singapore starting on 27 June, 2013.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Diversity reigns among HNW Canadians: BMO Harris Private Banking study
BMO Harris Private Banking’s inaugural ‘Changing Face of Wealth’ study, that examines trends among high-net worth Canadians, reveals that the country’s affluent are a diverse group of individuals and that wealth can be acquired in various ways regardless of gender or birthplace.
HMRC refines CGT rules for clean share class transfers
UK’s HM Revenue & Customs (HMRC) has changed its rules to remove capital gains tax charges while selling down bundled assets, to move into a clean share class.
Dechert expands corporate practice in Paris with new partner hire
Global specialist law firm, Dechert, is expanding its corporate practice in Europe with the hire of partner Matthieu Grollemund in Paris.
Barclays Wealth shuts down DFM service for sub-GBP250,000 clients
The wealth division of Barclays has shut down its discretionary fund management (DFM) service to advised clients with less than GBP250,000 of investable assets.
Maybank targets mass affluent client group with launch of new service
Malayan Banking Bhd (Maybank) has launched a new service with plans of focusing on the mass affluent banking business segment, a customer group that has often been overlooked by the wider local financial industry, according to the lender.