All articles by Verdict Staff
Verdict Staff
Matrix Asset Management renegotiates proposed business combination deal with Marquest
Canada-based Matrix Asset Management, which managed approximately $1.1 billion in assets, said that the previously announced share exchange terms of its proposed business combination with Marquest Asset Management has now been revised.
HSBC appoints new chairman of remuneration committee
HSBC has appointed Simon Robertson, senior independent non-executive director and deputy chairman, as its new chairman of the remuneration committee.
IoM Chief Minister welcomes letter from David Cameron on tax transparency
Isle of Man chief minister, Allan Bell MHK, has welcomed a letter from British Prime Minister David Cameron calling on all Britains crown dependencies and overseas territories to continue working with the UK on tax transparency.
KBL adds three new members to senior management unit
KBL European Private Bankers (KBL epb) has added three new members of its senior management team, each of whom outlined his role in supporting the realisation of the Groups vision to become a top 20 European private bank by 2015.
Silicon Valley venture capital survey reveals softer valuations in first quarter of 2013
Law firm Fenwick & West’s Silicon Valley Venture Capital survey revealed softer valuations in the first quarter of 2013.
Hong Kong police probing financial irregularities at mercantile exchange
Hong Kong’s Securities and Futures Commission (SFC) had discovered ‘serious’ financial irregularities at the Hong Kong Mercantile Exchange (HKMEx) and has referred the matter over to the police for investigation.
BNP Paribas launches Carnegie WorldWide Equity Trust
BNP Paribas Investment Partners has launched Carnegie WorldWide Equity Trust to provide Australian wholesale and New Zealand habitual investors with access to Carnegie Asset Management’s global equity strategy.
Nine European associations warn about negative impact of the proposed FTT
Nine European trade associations have co-signed a letter addressed to the Irish Minister of Finance and President of the ECOFIN, Michael Noonan, to warn about the negative effects of the proposed financial transaction tax (FTT) on financial activities, such as government financing, risk hedging and corporate access to finance.
Morgan Stanley appoints new business heads in Asia
As part of a shakeup of its Asia equities capital markets team, Morgan Stanley has appointed Jerome Leleu and Mille Cheng as co-heads of the unit.
Amaanah Investment Group sets up US$120 million UK property fund
Amaanah Investment Group, a London-based UAE investment and asset management firm, has set up a US$120m sharia-compliant fund aimed at Gulf investors looking to invest in “prime property” in the British capital.