All articles by Verdict Staff
Verdict Staff
UK household wealth passes £7 trillion – Lloyds
Total net household wealth in the UK has soared past the £7 trillion mark for the first time, according to latest research from Lloyds TSB Private Banking.
BNP Paribas Leasing Solutions UK awarded at the Business Moneyfacts 2013
BNP Paribas Leasing Solutions UK has been awarded in the ‘Best Service from an Asset Finance Provider’ category at the Business Moneyfacts 2013 awards.
First Names Group to acquire international trust business Basel
First Names Group plans to acquire the international trust business Basel Group (Basel), subject to regulatory approval.
Hedge funds track equities to record levels in Q1 2013
Gains from hedge funds were extended in March, tracking US equity performance, which also increased to conclude 1Q 2013 at record levels.
Ocean Dial Group to buy business from Caledonia Investments
Indian equity specialist team of Ocean Dial Group (ODG) has agreed to buy out the business from its parent company Caledonia Investments plc., a self-managed UK investment trust with approximately GBP1.2 billion (US$1.53 billion) of shareholders funds.
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Maybank Singapore Islamic Banking launches two industry firsts in Singapores Islamic banking space
Maybank Singapore Islamic Banking today launched two new Shariah-compliant banking products to finance Residential as well as Commercial & Industrial Properties in Malaysia.
Ashcourt Rowan hires asset manager from Brewin Dolphin
Ashcourt Rowan has hired Harry Burnham from Brewin Dolphin for expanding asset management business.
Fiera Capital Corporation announces Intention to Cap Sales of the Fiera Tactical Bond Yield Fund
The March 21, 2013 federal budget included measures that would eliminate certain tax benefits in investment funds that use forward contracts to convert income to capital gains for tax purposes. The budget describes this structure as character conversion transactions. These measures apply to a forward contract entered into on or after March 21, 2013.
BNP Paribas and Crédit Agricole assist clients to hide cash offshore: reports
The “Offshore Leaks” files published have revealed that BNP Paribas and Crédit Agricole may have assisted clients to create offshore companies in the British Virgin Islands, Samoa and Singapore, reports The International Consortium of Investigative Journalists (ICIJ).
RBC Wealth Management Hires London-Based Director For East Asian Clients
RBC Wealth Management, part of Royal Bank of Canada (RY on TSX and NYSE), today announced the appointment of Angelina Yap as a Director in the UK Private Client Wealth Management team.