All articles by Verdict Staff
Verdict Staff
Global dividends reached a new record in 2014, but a surging US dollar clouds the horizon
?Global dividends soared 10.5% to $1.167tn in 2014 reaching a new record, according to the latest Global Dividend Index from Henderson Global Investors.
Law firm Eversheds expands financial services offering
London-based law firm Eversheds has strengthened its consulting services business by launching a new financial services regulatory compliance offering.
Macquaries AUM rises to A$453.3bn in Q3
Australia-based Macquarie Asset Management (MAM) said that its assets under management increased to A$453.3bn during the third quarter of the fiscal year 2015, compared to A$423.3bn at 30 September 2014.
DMCC launches new licence structure for single family offices
Dubai Multi Commodities Centre (DMCC), free zone authority in the UAE, has introduced a new licence structure for single family offices.
MAS sets out proposals for securities-based crowdfunding
The Monetary Authority of Singapore (MAS) has published a consultation paper setting out proposals and clarifications to facilitate access by corporates to alternative sources of funding through securities-based crowdfunding.
FCA to examine working practices inside HSBC
The Financial Conduct Authority (FCA) said that it is scrutinizing the current practices and culture at HSBC bank over its Swiss tax-dodging scandal.
The Rise of Banking Business in the Cloud
Three milestones for launching a challenger bank today include securing shareholder buy-in, passing regulatory approval, and sourcing robust infrastructure. The latter two are where cloud technology is helping to bring a new UK private bank, Hampden & Co., to market in near-record time. Having started its journey in June 2010, Hampden is set to open its first customer accounts by March 2015.
Fitch appoints global head of Islamic finance group
Fitch Ratings has appointed Bashar Al Natoor as its new global head of Islamic finance, based in Dubai.
Cyberattacks cost banks $1b since 2013, says Kaspersky Lab
A wave of cyberattacks has cost banks across the globe up to $1bn since 2013, according a report by Russian computer security firm Kaspersky Lab.
Deloitte Global names new CEO
Deloitte Global (Deloitte Touche Tohmatsu) has named Punit Renjen as new CEO, replacing Barry Salzberg effective 1 June 2015.