All articles by Verdict Staff
Verdict Staff
Leumi launches the Leumi Business Fund, Israel’s largest fund for small and medium businesses – totaling NIS 3 billion
The fund is fully owned by Leumi, with no government guarantees. This fact enables customers the fastest approval track that exists in the system today within 14 days only.
LAWIN advised East Capital Explorer upon acquisition of majority stake in leading Estonian communication services provider Starman
LAWIN Tallinn advised NASDAQ-listed East Capital Explorer AB upon acquisition of majority (51%) stake in Starman, the leading cable TV, broadband internet and voice cable services provider in Estonia.
Liontrust reverses focus on UK in favour of global mandate
Liontrust Asset Management is planning to change mandate on its GBP308.3 million Income fund to allow it to invest globally, as it sees UK focus as too restrictive for its investment process.
HMRC to extend tax on rebates to discount brokers
UK-based HM Revenue & Customs (HMRC) plans to extend its tax on rebates to some discount brokers.
Jefferies expands equities business through an alliance with PT indo premier securities in Indonesia
Jefferies today announced that it is entering into an alliance with PT Indo Premier Securities. Through this arrangement, PT Indo Premier will provide equity research on companies in Indonesia, which Jefferies will distribute on a co-branded basis to the firms global base of institutional clients. The alliance, in which PT Indo Premier will also provide local equity broking services to Jefferies clients, is expected to launch in the summer of 2013.
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Morningstar introduces next-generation defined contribution participant advice and managed accounts platform
Morningstar, a leading provider of independent investment research, has announced the next generation of Morningstar Retirement ManagerSM, an advice and managed account service for defined contribution participants in the United States. Together, Morningstars registered investment advisory subsidiaries are the largest providers of managed accounts, serving more than 800,000 participants.
Citi Private Bank Appoints Steven Wieting Global Chief Strategist to Provide Investment Recommendations to Clients around the World
Citi Private Bank today announced the appointment of Steven Wieting as Global Chief Strategist, with responsibility for formulating investment views and strategies for the business and its clients around the world.
Cbiz Acquires Associated Insurance Agents
CBIZ, Inc. (NYSE: CBZ) today announced that it has acquired Associated Insurance Agents (AIA), of Minneapolis, Minnesota, effective May 1, 2013.
Credit Agricole’s private banking unit reports 4.5% rise in AUM in Q1
Credit Agricole’s private banking unit has reported assets under management (AUM) of $177bn for the first quarter 2013, an increase up 4.5% from $169.6bn reported at the end of year ago quarter.
Money worries still top list of woes among Australians: ANZ and Pacific Magazines survey
Approximately 40% of people in Australia are stressed out regarding money-related matters, according to a new survey carried out by ANZ and Pacific Magazines, reported Private Briefing.