All articles by Verdict Staff

Verdict Staff

Ascot Lloyd Financial appoints new CFO

UK-based IFA Ascot Lloyd Financial Services has appointed Iain Balchin as its new chief financial officer (CFO).

Legg Mason hires new international marketing head

Asset manager Legg Mason has hired Rick Andrews as new head of international marketing.

Standard Life Investments annual pre-tax operating profit surges 33%

Standard Life Investments has posted an operating profit before tax of £342m for the year ended 31 December 2015, a surge of 33% compared to £257m a year ago.

GUEST ARTICLE: Trends in Islamic finance – Deloitte

Marco Lichtfous, partner at Deloitte Luxembourg, and Said Qaceme, director at Deloitte Luxembourg, turn the spotlight on the Islamic Finance market, analyse current trends and discuss the regions in which Islamic Finance is gaining most traction

Edmond de Rothschild rolls out 16 new funds in UK

Edmond de Rothschild Asset Management has forayed into the UK retail investment market by registering a total of 16 sub-funds for sale.

FCA fines WH Ireland £1.2m for market abuse risks

British financial regulator FCA has fined broker and wealth manager WH Ireland (WHI) £1.2m for failing to ensure it had the proper systems and controls in place to prevent market abuse.

EU, Monaco to sign tax transparency deal to avoid tax evasion

The European Union (EU) and the Principality of Monaco have initialled a tax transparency agreement to clamp down on tax evasion.

Northern Trust expands Indian operations with new Pune office

American investment management firm Northern Trust has revealed plans to expand its Indian operations by opening an office of Northern Operating Services Private Limited (NOSPL) in Pune.

L&T Capital Markets launches wealth management services in Dubai

L&T Capital Markets (LTCML), a subsidiary of L&T Financial Services, has launched its wealth management services unit in Dubai following the receipt of Category 4 license from the Dubai Financial Services Authority (DFSA).

HSBC full-year pre-tax profit flat at $18.87bn

British banking giant HSBC has reported a pre-tax profit of $18.87bn for the year ended 31 December 2015, a marginal rise compared with $18.68bn a year ago.