All articles by Verdict Staff

Verdict Staff

Italian FinTech startup Fairmat introduces financial risk assessment web service

Xignite, a provider of data cloud services, has announced that Fairmat SRL, of Verona, Italy, is powering its web-based financial risk service with Xignite market data.

PZU plans to expand asset management business

Polish insurer PZU has announced plans to expand its asset management business through investment in new areas and also plans to expand its existing investments in real estate and corporate debt.

EU fines JPMorgan, UBS, Credit Suisse for involvement in cartel activities

The European Commission (EU) has imposed a fine of €94m ($120m) on JPMorgan, UBS, and Credit Suisse for participating in illegal interest rate derivatives cartel.

European Commission adopts detailed rules on contributions of banks to resolution funds

The European Commission has adopted a delegated act and a draft proposal for a Council implementing act to calculate the contributions of banks to the national resolution funds and to the Single Resolution Fund respectively.

Deutsche Bank’s asset and wealth management unit appoints new adviser

The asset and wealth management arm of Deutsche Bank has appointed Jason Dudley in the position of an adviser to lead its client services business.

Italy to launch a voluntary disclosure programme

Italy is set to launch a voluntary disclosure programme, targeted at urging taxpayers to declare foreign undisclosed assets and funds.

Prudential Investments unveils new Income Builder Fund

Prudential Investments has unveiled a new Prudential Income Builder Fund that offers investors the potential for income and long-term capital growth by investing primarily in income-focused equity, fixed income and non-traditional investments.

Grant Thornton hires new executive to led West region tax services

Grant Thornton has named Donald Corbett as west region tax services leader, based in the firm’s San Jose, California office.

Nearly 70% buy-side investors expect their futures trading volumes to increase during next 12 months, says TABB Group

Approximately 70% of buy-side investors expect their futures trading volumes to increase during next 12 months, according to a report by TABB Group.

OneVue selects Calastone’s global funds transaction network

OneVue, an Australia-based Investment platform and fund services provider, has selected Calastone’s global funds transaction network to boost efficiency, reduce risks and lower costs.