All articles by Verdict Staff
Verdict Staff
Citibank launches Citi Prestige Card in Hong Kong
Citibank Hong Kong has launched its first global credit card – Citi Prestige Card – which is tailored for the affluent segment around the world.
RBS names former director at UK’s regulator as head of conduct
Royal Bank of Scotland (RBS) has appointed a former director at the UK’s financial services regulator, Jon Pain, as its new head of conduct.
Standard Chartered launches maiden offshore CNY deal in Singapore
Standard Chartered has launched the issuance of an offshore renminbi (CNY) denominated senior unsecured notes to be listed on and cleared via the Singapore Exchange (SGX).
Kaizen Pacific launches Kaizen Pacific Alternatives Fund
Kaizen Pacific Asset Management (KSAM) has launched the Kaizen Pacific Alternatives Fund, which offers extensive exposure to a broad range of alternative investment strategies inside the advantageous structure of a mutual fund.
Egypt to refund US$1.5 million tax collected from Qatar
Egypt will, reportedly, refund taxes collected from Qatar National Bank’s acquisition of National Societe Generale Bank to the Qatari lender’s shareholders.
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Planning software not ready for FoFA opt-in needs: survey
More than a third of financial advisers say they do not yet have software which they believe can adequately manage their opt-in requirements, according to Midwinter Financial Services survey.
United Planners Financial Services launches LEAPS programme for advisors
United Planners Financial Services (UP), a national RIA and independent broker-dealer partnership with more than 350 advisors nationwide, plans to launch a new acquisition and succession programme, the LEAPS Program (Legacy, Exit & Acquisition Planning Solutions), for advisors to find a suitable successor and create a succession or acquisition plan.
SEC charges Cushing MLP Asset Management’s trader with front running
The US Securities and Exchange Commission (SEC) has charged Daniel Bergin, a senior equity trader at Dallas-based Cushing MLP Asset Management, with front running.
Kleinwort Benson drops gold and increases support for dollars
Kleinwort Benson’s CIO Mouhammed Choukeir has dropped gold after holding the precious metal for several years, citing its break below the US$1,500 per ounce mark as the main motivator, and is increasing allocation to the US dollar.
Kames promotes McGuckin to co-manage High Yield Global Bond Fund
Kames Capital has promoted Claire McGuckin to the co-managers role of the Kames High Yield offshore fund.