All articles by Verdict Staff
Verdict Staff
Tavistock Investments to acquire Standard Financial for £2.7m
Tavistock Investments, UK-based financial services group, has entered into an agreement to buy Standard Financial Group, the holding company of adviser network Financial Ltd, for £2.7m.
Richest 1% will own more than all the rest by 2016, warns Oxfam
The combined wealth of the worlds richest 1% will overtake that of everyone else by next year given the current trend of rising inequality, warned relief and development organization Oxfam America ahead of the annual World Economic Forum meeting in Davos.
Emirates NBD registers 58% rise in 2014 profit
Emirates NBD, a UAE-based bank, has posted net profit of AED5.14bn for the year ended 31 December 2014, up 58% from AED3.25bn a year ago.
Schroders rolls out new pre-retirement fund amid pension reforms
Schroders has rolled out a new pre-retirement fund aimed at providing its pension scheme members the flexibility to take their pension pot as a lump sum.
Italy, Switzerland to sign tax information sharing agreement
Italy is planning to sign a tax information sharing agreement with Switzerland in Berne next month as part of its efforts to combat tax evasion.
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CCFH to buy Mercury Capital to foray into Chinese wealth management market
CCFH, a Singapore-based investment holding company, has agreed to acquire British Virgin Islands-based Mercury Capital Asset Management, which offers investment products across various asset class through multiple distribution channels and partnerships, in China.
Mirabaud launches operations as a bank in Spain
Mirabaud, a Swiss financial institution with more than 200 years experience in wealth
management, asset management and intermediation, has announced the launch of its
operations as a bank in Spain.
Roll back red-tape on wealth managers and dont lump them in with banks, says CISI
Wealth managers, whose focus is on individuals, are badly served by being lumped in with banks and are straining to cope with aggressive compliance requirements from the FCA, says Chartered Institute for Securities & Investment (CISI) CEO Simon Culhane.
EFG International selects new chairman of UK business
EFG International has selected John Reed to be chairman of its UK business.
Fiserv partners with HedgeACT to provide access to hedge funds in managed accounts
Fiserv, a provider of financial services technology solutions, has partnered with Chicago-based HedgeACT to deliver access to an array of hedge funds to asset managers and investors within their managed account portfolios.