All articles by Verdict Staff
Verdict Staff
Global banking watchdog seeks to introduce new rules to end too big to fail banks
The Financial Stability Board (FSB), a global banking regulator, has proposed new global rules to prevent multibillion-pound taxpayer bailouts of the banks that are considered too big to fail.
IFDS names new director of product innovation
Outsourcing provider International Financial Data Services (IFDS) has hired Philip Goffin as its director of product innovation.
Record number of IPO exits underpins strong returns to PE & VC investors in FY14
A significant increase in exit activity across the Australian private equity (PE) and venture capital (VC) industry underpinned strong returns for investors in the year ended 30 June 2014, according to the 2014 Australian Private Equity and Venture Capital Association (AVCAL) and EY Yearbook.
James Packer hires Deutsche Bank executive to head its investment empire
James Packer has appointed Robert Rankin, a senior executive of Deutsche Bank, as the chief executive of its private investment vehicle Consolidated Press Holdings.
Standard Life Investments expands European equities team
Standard Life Investments has made two new appointments in the European Equities team, increasing the team to 12 people.
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Source unveils new Europe-listed biotech ETF
Europes ETF provider Source has unveiled a new Europe-listed ETF that tracks the performance of biotechnology stocks.
BNY Mellon inks distribution deal with Credem
BNY Mellon has signed an agreement with Credem to distribute its funds to investors in Italy.
Kleinwort Benson names new senior discretionary fund manager
British private banking firm Kleinwort Benson has named Paul Surguy as new senior discretionary fund manager.
Hedge funds navigate turmoil to post October gain
Hedge funds negotiated a tumultuous environment in October, with the HFRI Fund Weighted Composite Index posting a narrow gain of +0.09% for the month, as was reported by HFR, a global firm in the indexation, analysis and research of the hedge fund industry.
Wells Fargo asks private bankers and brokers to share more clients
Wells Fargo has reportedly asked its brokers and private bankers to refer clients with household assets of $2.5m to each other, down from $5m when the partnership plan began two years ago.