All articles by Verdict Staff
Verdict Staff
China partners with World Gold Council to develop Shanghai free trade of gold
The Shanghai Gold Exchange and the World Gold Council have signed a memorandum of understanding on a comprehensive strategic gold cooperation agreement.
Deutsche AWM hires new portfolio managers for hedge fund advisory business
Deutsche Asset & Wealth Management (AWM) has appointed Mihir Meswani and Nicolas Laporte as portfolio managers for its hedge fund advisory business, reports Hedgeweek.
SNB scraps minimum exchange rate, further reduces interest rate
The Swiss National Bank (SNB) has scrapped its three-year-old cap on the Swiss francs exchange rate against the euro, bringing sudden volatility to credit and currency markets across the globe.
Towry partners with magazine to target footballers finances
Wealth adviser Towry has joined forces with Professional Player magazine to provide financial planning and investment management to footballers.
Tilney Bestinvest and Saga to launch over-50s investment service
The investment and financial planning firm Tilney Bestinvest and Saga, a UK-based financial services provider, have joined forces to launch a joint financial planning and investment service for Saga’s over-50s client bank.
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Old Mutual Wealth launches self-service ISA top-up service
Old Mutual Wealth has rolled out a B2B2C top-up service for financial advisers allowing individual investors to transfer money into their investment accounts bypassing their adviser.
Hong Kong halts investment programme for wealthy investors
The government of Hong Kong has suspended its capital investment entrant programme, which was aimed at bringing new capital and boosting its recession-hit economy.
RBS shortlists bidders for Coutts International sale report
Royal Bank of Scotland (RBS) has shortlisted bidders for the second round sale process of Coutts International, which includes J Safra Sarasin and a consortium comprising Singapore’s DBS Group.
BlackRock Q4 net income declines, AuM climbs to $4.65 trillion
Investment manager BlackRock has posted a net income of $813m, or $4.77 per share, from $841m, or $4.86 per share, a year ago.
SEC fines UBS $14.4m over dark pool disclosures
The US Securities and Exchange Commission (SEC) has charged a subsidiary of UBS with disclosure failures and other securities law violations related to the operation and marketing of its dark pool.