All articles by Verdict Staff

Verdict Staff

FCA outlines approach for implementation of mortgage credit directive

The UK Financial Conduct Authority (FCA) has set out plans to bring second charge mortgages under FCA mortgage rules and laid out how they intend to implement the mortgage credit directive.

Law firm Jeantet Associes opens new office in Geneva

In a move to expand its presence in Europe, French law firm Jeantet Associes has opened a new office in Geneva.

Global divergences driving an expected prolonged global and US economic expansion, says BNY Mellon chief economist

Monetary policy divergence is not the only kind of divergence in the global economy that is contributing to a prolonged global and U.S. economic expansion, according to BNY Mellon chief economist Richard Hoey.

Aberdeen Asset Management Asia receives RQFII license

Aberdeen Asset Management’s Asian unit has received a Renminbi Qualified Foreign Institutional Investor license (RQFII) and is planning to launch a China A share investment fund.

Liontrust Asset Management to open new office in Luxembourg

London-based Liontrust Asset Management is planning to establish a new office in Luxembourg to expand its presence into continental Europe.

IRS issues fraud alert to financial institutions complying with FATCA

As part of its continuing efforts to combat the serious problem of identity theft, the Internal Revenue Service (IRS) has issued a fraud alert for international financial institutions complying with the Foreign Account Tax Compliance Act (FATCA).

Wealth managers to become more like financial quarterbacks, says SEI

Firms can help their wealth managers optimize performance, productivity, and client satisfaction ratings by improving their infrastructures, according to an SEI white paper.

Guggenheim Securities to acquire London operations of Lazard Capital Markets

Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, has agreed to acquire the London operations of Lazard Capital Markets (LCM).

BlackRock expands suite of iShares currency hedged ETFs

BlackRock, an investment management, risk management and advisory services for institutional and retail clients, has expanded its suite of iShares Currency Hedged ETFs.

Bank of China (Hong Kong) partners with Citi to launch RMB high yield bond fund

Bank of China (Hong Kong) (BOCHK ) Asset Management has collaborated with Citigroup Global Markets to introduce the BOCHK RMB High Yield Bond Fund which is targeted at long-term capital growth and income.