All articles by Verdict Staff
Verdict Staff
Austria sets up special committee to tackle offshore tax evasion
The Austrian Finance Ministry has set up a special committee, SoKo Offshore-Leaks, to tackle offshore tax evasion.
Scotiabank’s wealth arm reports 12% rise in Q2 income
Scotiabank’s global wealth management unit has reported a net income C$335 million for the second quarter of 2013, an increase of 12% compared with C$298 million reported in the year ago quarter.
Guardian Advice runs FOFA workshops for advisers
Risk specialist dealer group, Guardian Advice, will run FOFA (Future of Financial Advice) workshops in June to reiterate to advisers their key responsibilities under FOFA, and coach advisers in demonstrating the value of advice they provide to their clients.
Brewin Dolphin pre-tax profit up 26% in H1
British investment manager Brewin Dolphin has posted an adjusted pre-tax profit of £23.8 million for the six months to 31 March 2013, up 26% from £18.9 million a year earlier.
Vontobel launches EMD fund for ex-Dexia manager
Vontobel Asset Management has launched an Emerging Markets Debt (EMD) fund for manager Luc D’Hooge who joined from Dexia Asset Management in March 2013.
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Ashcourt Rowan appoints new head for financial planning business
Ashcourt Rowan has hired Steven Midgley, former National Australia Bank director, as business director of its financial planning arm.
IRS targets Caribbean bank in tax evasion inquiry
The US Internal Revenue Service (IRS) has filed a ‘John Doe’ summons against US taxpayers with offshore accounts at FirstCaribbean International Bank (FCIB), formerly co-owned by Barclays.
Credit Suisse Asia equity-derivatives director-duo quit
Two directors in the Hong Kong equity-derivatives business at Credit Suisse Group have left the bank.
Barclays’ GBP780 million infrastructure funds management arm to be sold to 3i
Private equity firm 3i Group is set to buy the European infrastructure fund management business of British bank Barclays, in a bid to raise fee income.
UK remains safest European data centre location
For the second year running, the UK has been ranked as the lowest-risk European destination to locate a data centre – according to a report by international consultancies Cushman & Wakefield, hurleypalmerflatt and Source8.