All articles by Verdict Staff
Verdict Staff
BBX Capital Completes The Sale Of 31 Single Family Lots For $1,240,000
BBX Capital (NYSE: BBX), formerly BankAtlantic Bancorp, announced that its subsidiary BBX Capital Asset Management has sold 31single family lots within the Oasis Key development for $1,240,000 million to Neil Neal Communities of Southwest Florida, LLC.
Standard Chartered Successfully Issued RMB Financial Bond in China
Standard Chartered Bank (China) Co., Ltd. (“Standard Chartered China”) recently announced that with the approval from China Banking Regulatory Commission and the Peoples Bank of China, Standard Chartered China has successfully issued a financial bond (hereafter the bond) of RMB 5 billion in the domestic inter-bank bond market.
Hawksford wins best offshore trust company award
Readers of the publication, which are made up of banking, legal, accountancy, private client, wealth advisory and tax advisory firms, nominated entities they believed to be ‘best in class’ in 30 categories. Hawksford received the greatest number of votes in the best offshore trust company category.
Direxion launches ETFs targeting Brazil and South Korea
Direxion has added two new leveraged exchange-traded funds (ETFs) – the Direxion Daily Brazil Bull 3x Shares (BRZU) and Direxion Daily South Korea Bull 3x Shares (KORU) – to its portfolio.
Investors interest tilting towards emerging market funds: Morningstar
Investors are sticking with simplicity despite the trend for alternative fund launches and are showing more interest in emerging market funds than any other asset class in Q1, according to Morningstar.
Skandia senior portfolio manager to leave
Skandia, a part of Old Mutual Wealth, has said that Ryan Hughes will step down as a senior portfolio manager, to pursue other opportunities in the asset management industry.
Nomura appoints Scott Bugie as Head of FIG Ratings Advisory, EMEA
Nomura, Asias global investment bank, today announced the appointment of Scott Bugie as Head of FIG Ratings Advisory, EMEA, in a move that strengthens Nomuras capabilities in debt capital markets for financial institutions.
Branson sells Virgin Money Australia unit
British entrepreneur Richard Branson has sold his Virgin Money financial services business in Australia to Bank of Queensland in a deal worth US$40 million.
Credit Suisse financial adviser gets reprimanded by the MAS
The Monetary Authority of Singapore (MAS) has reprimanded Toh Swee Beng, a financial adviser who acted as a representative of the Credit Suisse AG branch in Singapore.
Chase Earns Record Four TNS Choice Awards for Outstanding Customer Satisfaction
Chase earned an unprecedented four awards for providing outstanding banking and investment services to its customers in 2013, according to TNS, the world’s largest customer research company.