All articles by Verdict Staff
Verdict Staff
Senator Rand Paul introduces Bill to repeal FATCA
Senator Rand Paul (Republican of Kentucky) introduced a bill (S. 887) to repeal mandates of the “Foreign Account Tax Compliance Act” (FATCA) on financial institutions and individual American citizens as a “violation of sovereign nations’ laws and privacy matters.”
iShares Barclays Euro Corporate Bond Financials UCITS ETF launched
iShares has launched a new bond ETF, iShares Barclays Euro Corporate Bond Financials, focused on financial issuers.
Morgan Stanley hires advisers from Wells Fargo and Stifel
Morgan Stanley Wealth Management has hired advisers from Wells Fargo Advisors, Stifel, Nicolaus & Co to bolster its presence in New York and Tennessee, according to Reuters.
Susquehanna Financial Group extends use of SunGard trading compliance tech
Susquehanna Financial Group, LLLP (SFG), the institutional broker-dealer member of the Susquehanna International Group of Companies (SIG), has extended its relationship with SunGard’s Protegent Trading Compliance as the firm’s platform for trading compliance of its institutional equities trading business.
Investors should rethink strategy post RBA rate cuts: BlackRock
BlackRock’s head of fixed income, Steve Miller, has said that the Reserve Bank of Australia (RBA)’s decision to cut rates may mean that income investors need to adopt a changed approach, reported Financial Standard.
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Partnership renewed between Natixis and Racing Metro 92
Natixis, official sponsor of Metro 92 since 2007, is renewing its commitment to the Sky Blue
and Whites for the next three seasons, from 2013-2014 to 2015-2016.
AXA Wealth sales up 79% in Q1
AXA Wealths sales jumped 79% to GBP1.6 billion in the first quarter of 2013, compared to the corresponding quarter of 2012.
Fannie Mae and KPMG to pay US$153 to end shareholder lawsuit
Fannie Mae (FNMA), a mortgage finance company, and accounting firm KPMG, have agreed to pay US$153 million to settle a shareholder lawsuit filed by Ohio pension funds and others accusing the companies, regarding the firms issuing “false and misleading” financial reports, according to the Ohio attorney general.
BNY Mellon Named Best Large Hedge Fund Administrator by HFMWeek for Second Year in a Row
BNY Mellon, the global leader in investment management and investment services, has been named ‘Best administrator over $30bn – single manager’ for the second year running at the HFMWeek European Hedge Fund Services Awards, presented in London on April 25