All articles by Verdict Staff

Verdict Staff

J&T Permitted to Purchase Potov Banka

Bratislava – Slovak Antimonopoly Office Approves Purchase of Poštová Banka by J&T Group, As the transaction has now been approved by all appropriate regulatory authorities, it will be executed in the coming days.

Lloyds hires country head in Gibraltar

Lloyds TSB Private Banking has appointed Jon Farley as country head in Gibraltar.

BEA Celebrates Milestone in the Construction of its new building at 33 Des Voeux Road Central

The Bank of East Asia has celebrated the completion of the structure of its new building at 33 Des Voeux Road Central by holding a topping out ceremony on site. Dr. David K.P. Li, Chairman & Chief Executive of BEA officiated at the ceremony together with members of the Bank’s Board of Directors and special guests.

Global Equity Income Fund targeted at Europe and US

Europe and US will be Jupiter’s new Global Equity Income Fund ‘s core markets due to the related backgrounds of co-managers Sebastian Radcliffe and Gregory Herbert.

VTB Bank sells US$3.3 billion of new shares for expansion

VTB Bank in Russia has secured firm commitments from three sovereign wealth fund investors for its Secondary Public Offering (SPO) worth RUB102.5 billion (US$3.3 billion).

Western Southern Life to Hire 1,100 in 2013

Western & Southern Life, which is celebrating 125 years since its founding in 1888, has launched an aggressive recruiting initiative aimed at hiring more than 1,100 financial representatives in 2013.

Poor sentiment towards high yield exposure a buying opportunity: JP Morgan

Even though several multi-asset allocators and US mutual funds have been selling down exposure to the asset class as it has been understood that value has dried up after a strong 2012, JP Morgan Asset Management’s international CIO for global fixed income and currency, Nick Gartside, views the poor sentiment towards the asset class as a buying opportunity.

Skandia reports, Asia funds in demand

Skandia says that the funds focused on Indonesia, Malaysia and Thailand are in demand within Swedish investors.

Cadence Bank Forms Commercial Banking Group to Serve Memphis and Mid-South Businesses

Cadence Bank announces the formation of its new Commercial Banking group dedicated to helping Memphis and Mid-South businesses grow and succeed.

FCA apponts new chair for Financial Services Consumer Panel

UK’s Financial Conduct Authority (FCA) has appointed Sue Lewis as chair of the Financial Services Consumer Panel, which advises the FCA on the interests and concerns of consumers providing constructive challenge to its policymaking process.