All articles by Verdict Staff
Verdict Staff
Hennessy Advisors acquires assets of FBR Funds
US-based Hennessy Advisors, Inc., a publicly traded investment manager, has acquired the assets related to the management of the 10 FBR Funds.
SinoPac Holdings launches SinoPac Solutions and Services
SinoPac Holdings has launched a comprehensive portfolio management support platform called SinoPac Solutions and Services.
Merchant House Financial Services slashes low-value advisers
UK-based Merchant House Financial Services, the IFA arm of Merchant House Group, has slashed a number of advisers who are deemed low profit, despite having reported increased revenue for the first half of its financial year, FTAdviser reported.
Linedata and StatPro to provide cloud based portfolio performance analysis
Linedata, the global solutions provider dedicated to investment management and credit industries, and StatPro Group plc, the global portfolio analytics and reporting services provider has entered into a strategic alliance to provide cloud based portfolio performance analysis.
Qatar Holding to buy stake in Harrods Bank
UK-based regulator of financial services industry, Financial Services Authority (FSA), has given approval to Qatar Holding to buy a controlling stake in Harrods Bank, the private banking arm of the luxury department store.
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Amwal to launch asset management and advisory services at QFC
Amwal QSC, a Qatari investment firm, is launching its asset management and investment advisory services at the Qatar Financial Centre (QFC),
ASIC bans Adelaide financial advisor
The Australian Securities and Investment Commission (ASIC) has banned financial advisor, Alec Khoo, of Adelaide, South Australia, from providing financial services for three years.
Brookfield Financial opens office in Hong Kong
Global investment bank, Brookfield Financial, has opened an office in Hong Kong, as a part of the global expansion of its transaction advisory and investment banking platform.
US Bank appoints two managing directors to its UHNW unit
US Bank has made two senior appointments in the Seattle area for its ultra high net worth (UHNW) business.
IRS and US Treasury extend FATCA deadlines
The IRS has delayed some Foreign Account Tax Compliance Act (FATCA) implementation deadlines, as banks battle over the sweeping US tax law.