All articles by Verdict Staff

Verdict Staff

Lloyds fires eight staff over Libor rate rigging

Lloyds Banking Group has dismissed eight staff following an investigation into the manipulation of some key interest rates set in London.

UK’s funds under management reach record £6.2 trillion by 2013 end

TheCityUK’s Fund Management 2014 report shows that the UK’s fund management sector was responsible for a record £6.2 trillion of funds at the end of 2013.

Benjamin F. Edwards opens new office in Boynton Beach, Florida

Benjamin F. Edwards & Co, a US-based full-service broker-dealer, has opened a new office in Boynton Beach, Florida.

AZ Athenaeum plans to launch nine new Ucits funds in Singapore

Investment management firm AZ Athenaeum is reportedly planning to launch nine Ucits funds in Singapore to expand its presence in Asia.

Aberdeen Asset Management registers 3% rise in AuM

Aberdeen Asset Management saw its assets under management (AuM) rise by 3% in the two months to 31 August, amid lower outflows.

South Korea set out plan to improve prudential regulations on asset management industry

The South Korea’s FSC has set out its plan to improve prudential regulations on the asset management industry that includes the abolishment of the NCR rules and management evaluation and the reform of prompt corrective action scheme.

Lloyds deputy chair to quit Aberdeen’s board

Aberdeen’s senior independent director Anita Frew has decided to step down from the Board after a spell of ten years as a director at the firm.

S&P Capital IQ and Kuberre Systems launch event driven alert tool

S&P Capital IQ, a business unit of McGraw Hill Financial, and Kuberre Systems have announced the launch of a new tool for traders, market makers and portfolio managers.

Standard Chartered completes roll-out of integrated custody platform in Africa

Standard Chartered has successfully completed the roll-out of its integrated custody platform across its network of 18 markets in Africa.

Brown Shipley appoints new wealth management head

UK-based private bank Brown Shipley has appointed Roger Clark as new head of wealth management.