All articles by Verdict Staff
Verdict Staff
The first line of defence
Compliance has moved in recent years from being an important, yet largely back-office, function to being a front-and-centre issue. As regulators worldwide step up surveillance operations, the head of Thomson Reuters’ financial crime and reputations risk division discusses the latest trends with Nicholas Moody.
ORIX acquires Robeco
ORIX Corporation has acquired 90.01% of the equity in Robeco from Rabobank, for EUR 1,935 million
Nomura Issues 38th, 39th and 40th Series of Unsecured Straight Bonds
Nomura Holdings, Inc. today announced that it has determined the terms of its 38th, 39th, and 40th series of unsecured straight bonds in the total principal amount of 180 billion yen.
The great white hope for global banking
Wealth management is an attractive business in comparison with the other lines at the big global banks, new research contends. One key factor is that wealth advisory requires much less capital under the Basel III regime as still-anaemic banks seek to regain past profitability.
Baring Asset Management appoints global distribution head
Baring Asset Management has appointed Angus Woolhouse as the global head of distribution.
WH Ireland acquires Tenebris’ Private Wealth Management Business
WH Ireland Ltd. (WHI.L) has acquired the private wealth management business of Tenebris Realisations Ltd., for GBP270 million, being cash consideration.
Final FATCA makes some simplifications for the private client industry
On 28 January 2013, the US Internal Revenue Service (IRS) published more than 500 pages of final regulations under the US Foreign Account Tax Compliance Act or FATCA.
WITAN INVESTMENT TRUST PLC: Appointment of an Asian Equity Manager
Witan Investment Trust plc announces that it has appointed Matthews Asia to manage a new £110 million segregated portfolio focused on the Asia Pacific region, including Japan, taking effect from 20th February 2013.
Lombard Odier combines its Global, Emerging bond teams
Switzerland-based Lombard Odier Investment Managers (LOIM) has combined its Global and Emerging Fixed Income teams into a single unit and has hired Salman Ahmed as its market strategist.
Barclays Corporate & Employer Solutions partners with Aegon and Zurich
The Corporate & Employer Solutions (C&ES) division of Barclays is teaming up with Aegon and Zurich to provide a corporate pension platform as part of the Barclays C&ES workplace savings offering.