All articles by Verdict Staff
Verdict Staff
Venture capital activity at 13-year high: EY
In 2014, global venture capital (VC) funding came back to levels not seen since 2000, median deal sizes were higher across all development stages and there were more mega-investments of over $50m than at any point since 2000, according to a report by EY.
British offshore centers hit back at Ed Miliband over tax attack
Britain’s offshore financial centers have responded back to a threat by the leader of the opposition Labour Party Ed Miliband after he threatened to to put them on a tax haven blacklist, alleging the attack was misinformed with potential to damage UK interests.
Merrill Lynch introduces longevity training program for financial advisors
Merrill Lynch and the University of Southern California Leonard Davis School of Gerontology have launched a training program designed to help Merrill Lynch financial advisors and retirement specialists better understand and address the evolving needs of the nations aging population and their families.
DBS Group names new head for Indonesian arm
Singapore’s DBS Group has appointed veteran banker Paulus Sutisna as president director of DBS Indonesia, subject to regulatory approvals.
Seven Investment Management backers consider sale of business
The owners of UK-based wealth manager Seven Investment Management (7IM) are considering selling the business.
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Canaccord Genuity Wealth Management sees 6% rise in Q3 revenue
Canaccord Genuity Wealth Management has earned $5 8.2m in revenue during the third quarter of fiscal 2015, an increase of 6. 4% compared to last year.
HSBC admits Swiss units failings on tax evasion
British lender HSBC Holdings has confessed its Swiss private banks failings on allowing wealthy clients to dodge taxes following allegations by media reports.
Standard Life buys financial advice firm Pearson Jones
Standard Life has acquired British advice firm Pearson Jones from Skipton Building Society to make a foray into the UK financial advice business.
RBC in talks to sell parts of Caribbean wealth-management business
Royal Bank of Canada (RBC) is in talks with bidders for selling parts of its Caribbean wealth-management operations that it is exiting as part of a pullback in the Caribbean and Latin America.
UK parliamentary committee report accuses PwC of promoting tax evasion
House of Commons Public Accounts Committee has published a report that accuses the multinational professional services network PricewaterhouseCoopers (PwC) of promoting tax dodge by its multinational clients in Luxembourg.