All articles by Verdict Staff

Verdict Staff

Al Etihad Credit Bureau confirms launch of credit reporting system in July

The UAE’s new credit bureau, Al Etihad, has confirmed that it will start to roll out phase one of the UAE’s credit reporting system from July 2013.

LCL Isle of Man deploys FRS’s InvestPro upgrade

LCL Isle of Man has extended its use of FRS’s InvestPro software to manage the investment administration of several of its life assurance books and automate the investment administration of unitised funds and portfolio bonds.

Coutts appoints head of marketing and UK business development

Coutts has appointed Sarah Wyse as managing director, head of marketing and UK business development, effective immediately.

Prime Value launches its first new fund in almost 12 years

Australian fund manager Prime Value has launched Prime Value Opportunities Fund, a concentrated equities fund structured to balance outperformance and capital preservation, Financial Standard reported.

Criminal complaint filed in Japan against US asset manager MRI International

Japanese investors have filed a criminal complaint against American asset manager MRI International, accusing the latter of mismanaging assets.

New Executive Appointments At Cibc Firstcaribbean

The Board of Directors of CIBC FirstCaribbean International Bank has decided to make a number of Senior Executive appointments, subject to regulatory and governmental approvals.

Kleinwort Benson hires head of private wealth management in South Africa

Kleinwort Benson has appointed Ron Dicks, a family office specialist, as its head of private wealth management business in South Africa.

European Commission urges US to delay swaps rule

The European Commission has urged US to allow time for international talks before it imposes swaps rules on EU lenders.

Raymond James recruits adviser from Morgan Stanley

Brokerage and investment bank Raymond James Financial has hired a veteran adviser, Edward Tills, from Morgan Stanley Wealth Management to join its office in Rochester, New York.

Entrepreneurial spirit and confidence rising among Middle East HNW families

Wealthy families in the Middle East have a strong entrepreneurial spirit, and want to play an dominant role in managing their money as well as have confidence in the future of the region, a new report by Qatar Financial Centre Authority (QFCA) and Campden Wealth has revealed.