All articles by Verdict Staff

Verdict Staff

IRS amends offshore limited amnesty program for US taxpayers: report

The US Internal Revenue Service (IRS) has reportedly made amendments to its limited-amnesty programs for US taxpayers with undeclared offshore accounts.

Van Lanschot rolls out new wealth planning advisory service

Dutch private bank Van Lanschot has rolled out a new-style wealth planning advisory service for private banking clients seeking to create and preserve their wealth.

Old Mutual in advanced talks to acquire Quilter Cheviot

South African financial services group Old Mutual is carrying out advanced talks to acquire UK-based independent wealth manager Quilter Cheviot for about £650m.

Emirates NBD Asset Management launches eight new funds

Emirates NBD Asset Management, the asset management arm of Emirates NBD, has launched eight new funds under the Emirates NBD SICAV platform in Luxembourg.

Wilde Wealth Management appoints new head of financial planning team

Wilde Wealth Management Group has hired Doug Cole to lead its Capital Preservation and Growth Strategy/Financial Planning team.

U.S. Bancorp appoints new director to board

The board of directors of U.S. Bancorp has elected Kimberly Harris as a director of the company, effective 20 October 2014.

RBS to exit private banking business in India-report

Royal Bank of Scotland (RBS) is reportedly planning sell its Indian private banking division as part of its previously announced decision to sell international operations of Coutts, its private banking arm.

National property market moves in favor of buyers, says Commonwealth Bank

The latest Commonwealth Bank/RP Data Home Buyers Index (HBI) highlights a number of shifts in market conditions across the country, with national property market conditions moving from a balanced market in May 2014 to a buyer’s market in August 2014.

Investment funds to come under increased regulatory scrutiny, says BOE governor

Investment funds will come under greater regulatory focus globally in order to prevent another financial meltdown, Bank of England governor Mark Carney said.

Truestone sells financial planning arm to former Bestinvest founder

Wealth manager Truestone has sold its financial planning arm to former Bestinvest founder John Spiers for an undisclosed sum.