All articles by Verdict Staff

Verdict Staff

India, Maldives ink pact to curb tax evasion

India and Maldives have signed two agreements for the exchange of information with respect to taxes and for the avoidance of double taxation of income derived from the international air transport.

Emerald, Lend Academy Investments collaborate to launch investment management business

Emerald Asset Management has partnered with Lend Academy Investments to launch an investment management business focused on marketplace lending.

UK’s Prudential Regulation Authority gets new CEO

The Bank of England (BoE) has appointed Sam Woods as deputy governor and CEO of the Prudential Regulation Authority (PRA).

Fortnum, Good Advice Solutions partner to unveil advice platform

Australia’s Fortnum Financial Advisors has teamed up with consultancy Good Advice Solutions to roll out a new advice framework.

KBL European Private Bankers to buy Dutch private bank Insinger de Beaufort

Luxembourg-based KBL European Private Bankers (KBL) has agreed to acquire Dutch private bank Insinger de Beaufort from BNP Paribas Wealth Management.

Goldman Sachs to pay $5.06bn in fine over sale of shoddy mortgages

US banking major Goldman Sachs Group has agreed to pay $5.06bn to settle allegations that it sold risky residential mortgage-backed securities (RMBS) leading up to the financial meltdown.

Brooks Macdonald consolidates subsidiaries under single masterbrand

British wealth manager Brooks Macdonald has launched a new corporate identity that consolidated all of its subsidiaries businesses under a single masterbrand.

Financial advisors have the biggest influence on North American ultra-rich: Report

North American ultra-high net worth families are more influenced by their financial advisors over investment decisions than family members, group or committee, according to a study by Morgan Stanley Private Wealth Management and Campden Wealth Research.

JTC, INDOS Financial join forces for depositary services

JTC, a provider of fund, corporate and private client services, has partnered with UK-based INDOS Financial to offer an independent depositary solution for its alternative fund clients.

National Australia Bank launches new business model for Australian HNW clients

National Australia Bank (NAB) has introduced a new business model for the Australian HNW market, under which the bank will rename its private banking arm as NAB Private.