All articles by Verdict Staff

Verdict Staff

Former Deutsche Bank trader to start hedge-fund firm with JPMorgan backing

Hal Lehr, a former trader at Deutsche Bank and Soros Fund Management, is reportedly set to launch a New-York hedge-fund firm.

Northern Trust to offer delegated client trade reporting via Sapient Global Markets solution

Northern Trust has deployed a new Compliance Management Reporting Solution (CMRS), utilizing technology developed by Sapient Global Markets, a division of Sapient.

Fiduciary Trust Company names new director of fixed income strategies

Fiduciary Trust Company International, an affiliate of Franklin Templeton Investments, has named Jeffrey MacDonald as new director of fixed income strategies, replacing Ronald Sanchez.

Man Group’s AHL teams up with Citic to launch new CTA fund

AHL, a quantitative investment unit of UK-based Man Group, has joined forces with its Chinese partner Citic Securities to launch a new commodity trading adviser (CTA) fund in November this year.

SEC fines Barclays $15m over compliance failures related to Lehman acquisition

Barclays Capital has been fined a record $15m by the Securities and Exchange Commission (SEC) for failing to maintain an adequate internal compliance system after its acquisition of advisory business of Lehman Brothers in September 2008.

Venture capital investment in Asia reaches $10.5bn throughout 2014 year-to-date: Preqin

Venture capital investment in Asia reaches $10.5bn throughout 2014 year-to-date, up from $6.3bn in 2013, driven by expanding markets outside of Greater China, according to a Preqin study.

BNP Paribas chairman to resign

Baudouin Prot, the chairman of BNP Paribas, has decided to resign on 1 December 2014 after the French bank agreed to plead guilty to violating US sanctions and pay nearly $9bn in fine.

UBS Global Asset Management lists four new ETFs on LSE

UBS Global Asset Management has listed four new ETFs on the London Stock Exchange.

Bravura Solutions expands role of existing strategy director

Bravura Solutions has expanded role for the current global director of strategy, Darren Stevens, role to include product management.

Despite perceived political uncertainty, investment opportunities in EMs still remain, says BNY Mellon

Despite perceived political uncertainty and rising inflation, the valuation case for emerging markets is still compelling according to BNY Mellon’s Emerging Markets Report.