All articles by Verdict Staff
Verdict Staff
Spain refuses to extradite former HSBC banker accused of data theft
A Spanish court has refused to extradite a former HSBC bank employee to Switzerland where he is wanted for allegedly stealing data on tens of thousands of bank accounts that exposed suspected tax evaders.
FCA launches new probe into transition management system
The Financial Conduct Authority (FCA) has, reportedly, launched a new probe into the use of transition management services by asset managers.
Elavon Names Simon Haslam President and Chief Executive Officer
Elavon, a leading global payments provider and wholly owned subsidiary of U.S. Bancorp (NYSE: USB), has promoted Simon Haslam to the position of president and chief executive officer, succeeding Mike Passilla who recently departed the company.
Citigroup sues Barclays for $141 million over Lehman losses
Citigroup has sued Barclays to for more than US$141 million over losses suffered providing foreign-exchange settlement services to Lehman Brothers Holdings just before the investment bank collapsed.
Guggenheim poaches senior bankers from Barclays
Guggenheim Partners has poached senior bankers from Barclays retail team as part of its strategy to bolster its investment banking business, reported Reuters.
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Aberdeen begins global branding exercise
Aberdeen Asset Management has launched global branding exercise to refresh its global brand advertising campaign for the first time in 30 years.
BMO Blue Book: Saskatchewan Economic Growth Among Strongest in Canada
Saskatchewan remains one of the top economic performers in Canada, according to the BMO Blue Book released today by BMO Capital Markets Economics and BMO Commercial Banking.
Confidence in the global economy increases but regulatory worries linger
The confidence of financial advisers in the global economy increased for the third quarter in a row to an average of 6 out of 10 during Q1 2013, according to the international adviser confidence barometer conducted by Skandia.
Investment institutions to improve internal risk-awareness culture
Despite investment institutions being acutely aware of the risks they face since the global financial crisis, many still need to improve the way those risks are communicated internally, according to new research by the Economist Intelligence Unit (EIU) commissioned by State Street Corporation.
BMO Blue Book: U.S. Growth to Drive Momentum in Ontario
The Ontario economy is expected to grow 1.5 per cent in 2013 but pick up later in the year once U.S. economic growth improves, according to the BMO Blue Book released today by BMO Capital Markets Economics and BMO Commercial Banking.