All articles by Verdict Staff
Verdict Staff
Guernsey enters into cooperation agreement with Beijing
The Guernsey Government has entered into a cooperation agreement with the Beijing Municipal Bureau of Financial Work.
Northern Trust opens new representative office in Seoul
Northern Trust has opened a new representative office in Seoul, South Korea after receiving regulatory approval from the Financial Services Commission (FSC).
Old Mutual Wealth to acquire Quilter Cheviot for £585m
Old Mutual Wealth has agreed to acquire discretionary fund manager (DFM) Quilter Cheviot in a deal worth £585m from private equity firm Bridgepoint.
UBS, DoJ in talks over forex probe settlement
UBS is holding talks with the US Department of Justice (DoJ) to reach a settlement over the foreign exchange market probe.
Being globally mobile influences investment strategy, says FPI
Being globally mobile influences investment strategy, reveals an investor attitudes report released by Friends Provident International (FPI).
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BlackRock rolls out new ETF for commodity investors
BlackRock has rolled out a new iShares Commodities Select Strategy ETF (COMT) to provide long-only, broad exposure to commodities under a 40 Act regulated structure.
Principal Funds launches two new fixed-income funds
Principal Funds has launched two new funds: the Principal Credit Opportunities Explorer Fund and the Principal Dynamic High Yield Explorer Fund, in response to investor demand for more flexible and opportunistic fixed-income strategies.
Towry names new wealth advisor for Bournemouth office
Towry, a UK-based wealth advisor, has named Nadine Perry as new wealth advisor for its Bournemouth office.
Two Former Rabobank traders indicted for alleged manipulation of US dollar, Yen Libor interest rates
The US Justice Department has charged two former Coöperatieve Centrale Raiffeisen-Boerenleenbank (Rabobank) derivative traders – including the bank’s former Global Head of Liquidity & Finance in London for superseding indictment for their alleged roles in a scheme to manipulate the U.S. Dollar (USD) and Yen London InterBank Offered Rate (LIBOR).
JMP Securities inks deal with RCS Capital
JMP Securities, a full-service investment bank, has inked a distribution agreement with RCS Capital.