All articles by Verdict Staff
Verdict Staff
WMA collaborates with NCA to help wealth managers combat cyber crime
The Wealth Management Association (WMA), a UK-based trade association of the investment industry, has joined forces with the National Crime Agency (NCA) to support wealth managers address the issue of cyber crime.
Liechtenstein refuses to assist in former-Catalan chief’s tax fraud case-report
Liechtenstein government has declined to cooperate with the ongoing tax fraud inquiry into foreign bank accounts held by former Catalan premier Jordi Pujol and his family, publication EL PAÍS has reported.
FCA probes Deutsche Bank over governance concerns
The Financial Conduct Authority (FCA) has initiated probe against the London office of Deutsche Bank over governance and controls concerns.
Canaccord Genuity strengthens presence in Dubai
Canada-based Canaccord Genuity Group is planning to expand its investment banking and advisory practice presence in Dubai.
Citi Indonesia partners with Manulife for alternative investment solutions
Citibank N.A. Indonesia has entered into a strategic partnership with Manulife Asset Management Indonesia (MAMI) to provide alternative solutions for investment.
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LSE to sell Russell Investments for $1.4bn: report
The London Stock Exchange Group (LSE) is reportedly planning to put Russell Investments up for sale in mid-February.
DeAWM’s pre-tax income surges 82% in Q4
Deutsche Asset & Wealth Management (DeAWM) has posted pre-tax income of EUR365m for the fourth quarter of 2014, an increase of 82% compared to EUR200m for the same period a year ago.
Financial advisors concerned about prospect of rising rates: Fidelity
Many advisors are anticipating a rise in interest rates, and are also focused on how to generate a steady income stream for clients in the current low interest rate environment, according to the Q4 2014 Fidelity Advisor Investment Pulse survey.
Hedge fund industry profits drop 30% in 2014 due to poor performance: Citi
Profits in the hedge fund industry dropped by 30% to $21.9 billion in 2014 due to poor performance from $31.2 billion in 2013, according to Citi’s 3rd Annual Hedge Fund Industry Operating Metrics Survey.
Mirabaud Asset Management expands London fixed income team
Mirabaud Asset Management has recruited André Broijl, Bert Hospers, Sai Kit Lam and George Luijkx from Syntrus Achmea Asset Management in the Netherlands to join its fixed income team in London which is headed by Andrew Lake.