All articles by Verdict Staff
Verdict Staff
FSCS to help consumers to get compensation from 14 defaulter firms
The Financial Services Compensation Scheme (FSCS) could help consumers that have lost money as a result of their dealings with any of the 14 failed financial firms around the UK that FSCS has recently declared in default.
Hong Kong’s banking system functions normally amid protests, says HKMA
The Hong Kong Monetary Authority (HKMA) has said that banking system and financial market functioned normally in spite of the ongoing pro-democracy protests in the city.
Natixis Global Asset Management launches Gateway Equity Call premium fund
Natixis Global Asset Management has launched the Gateway Equity Call Premium Fund, a new equity mutual fund managed by Gateway Investment Advisers.
Myanmar grants operating licences to nine foreign banks
The Central Bank of Myanmar has granted nine overseas lenders licence to open a branch office in the country.
Harbor Wealth Management Group joins Snowden Lane Partners from UBS
Lane Partners said that financial advisors Philip Lazzari, Mark Stevens, Eric Watson, and Eric Lanny Buckner, comprising the Harbor Wealth Management Group, have joined the firm from UBS as partners and managing directors.
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Octagonal to acquire 3.05% stake in Hume Capital
London-based investment firm Octagonal has acquired a 3.05% stake in Hume Capital Securities, a London Stockbroker that trades on AIM.
KBC completes sale of KBC Bank Deutschland
Belgian banking group KBC has wrapped up the sale of KBC Bank Deutschland to several investors linked to Teacher Retirement System (Texas), Apollo Global Management, Apollo Commercial Real Estate Finance and Grovepoint Capital.
Interprac addresses ASIC concerns on SMSF advice
Interprac Financial Planning, an Australian financial services license holder based in Melbourne, has agreed to address ASIC concerns relating to advice provided to some clients about self-managed superannuation funds.
First Names Group inks deal to buy Seymour Trust Company
First Names Group, an Isle of Man-based trust, fund and corporate services provider, has entered into an agreement to acquire Jersey trust and corporate services provider Seymour Trust Company.
Kames Capital bolsters European sales team
Kames Capital has bolstered its European sales team by appointing Nadia Bucci as new business development manager responsible for Spain and Portugual.