All articles by Verdict Staff
Verdict Staff
Switzerland opens bankruptcy proceedings against Espirito Santo
The Swiss Financial Market Supervisory Authority FINMA has commenced bankruptcy proceedings against Banque Privee Espirito Santo, part of the Portuguese Espirito Santo family’s troubled business empire.
Peak6 Investments to sell stake in its hedge-fund business
Peak6 Investments, a Chicago-based trading firm, is planning to divest stake in its hedge-fund business, Peak6 Advisors.
Morningstar Credit Ratings publishes US ABS ratings methodology
Morningstar Credit Ratings has published its methodology for US asset-backed securities (ABS) ratings, outlining the principles the company’s analysts apply when rating and monitoring ABS transactions.
ABN AMRO Private Banking remains overweight in equities
ABN AMRO Private Banking in its Q4 2014 Investment Outlook has said that remains overweight in equities and will focus on companies benefiting from new energy sources.
Point72 Asset Management loses some veteran traders
Some longtime traders have quit Stamford, Connecticut-based Point72 Asset Management hedge fund firm.
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State Street Global Advisors expands multi-factor advanced beta ETFs
State Street Global Advisors, the asset management arm of State Street, has launched three single-country advanced beta SPDR ETFs.
CSRC grants RQFII license to Carmignac
China Securities Regulatory Commission (CSRC) has granted RQFII (Renminbi Qualified Foreign Institutional Investor) license to Carmignac which will allow it to invest in China’s mainland securities market.
Bonadio & Co establishes new wealth management subsidiary
Bonadio & Co, a New York-based financial services firm, has launched a new wealth management subsidiary at Amherst.
The Royal Mint launches online bullion trading service
The Royal Mint has launched a new bullion trading website, royalmintbullion.com, enabling customers to buy, store and sell bullion coins directly from it.
BTG Pactual to build equity business in London-report
Brazil’s BTG Pactual bank has hired William Royan to launch an equities business within its international asset management unit in London, the Financial Times has reported.