All articles by Verdict Staff
Verdict Staff
Ziraat bank receives approval to launch Islamic banking unit
Turkish state-run Ziraat bank has received approval from the Turkeys Banking Regulation and Supervision Agency (BDDK) to set up an Islamic banking unit.
National campaign will target those most at risk of investment fraud, says FCA
Using funds recovered from the proceeds of crime, the Financial Conduct Authority (FCA) has launched a national campaign to warn people about investment fraud and how to spot a potential scam.
Investec hires former UBS senior executive
Investec has hired former UBS senior executive Christian Hess as new head of its newly created financial sponsor transaction group.
Northern Trust wins £1.9bn mandate from leading London pension schemes
Northern Trust has been appointed by Westminster City Council and the London Borough of Hammersmith and Fulham to provide global custody, investment accounting and performance measurement services for £1.9bn (approximately $3bn) in pension fund assets.
VP Bank goes live with Appways Client Onboarding solution
Liechtenstein-based private bank VP Bank Group has chosen Appway software solution called Appway Client Onboarding to automate and streamline all its client lifecycle processes.
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Taxes are on the minds of wealthy investors, says Spectrem
In Spectrem’s study of the wealthiest investors – 2014 $25m plus investor – 45% of investors are investing in tax-free bonds in order to decrease their tax burden.
BlackRock Q3 income surges 26%
Investment manager BlackRock has reported a net income $917m, or $5.37 per share for the third quarter of 2014, up 26% compared with $730m, or $4.21 per share, a year earlier.
Vontobel Asset Management launches flexible global bond strategy
Vontobel Asset Management has expanded its fixed-income offering by launching a global bond fund, Vontobel Fund – Bond Global Aggregate.
Eurozone deflation the biggest macro risk facing investors: Schroders
Eurozone deflation is the biggest risk facing UK investors according to key institutional clients at the Schroders Institutional Investor Conference hosted by Neil Walton, head of the UK Business Development Group.
AllianceBernstein launches three new liquid alternative mutual funds
AllianceBernstein has launched three new liquid alternative mutual funds, Credit Long/Short, Multi-Manager Alternative Strategies Fund and Long/Short Multi-Manager Fund, as it continues to broaden its array of US retail offerings.