All articles by Verdict Staff
Verdict Staff
US CMBS delinquencies stable amid high activity, says Fitch
The US CMBS delinquency rate remained largely stable last month amid a high volume of new delinquencies and resolutions, according to the latest index results from Fitch Ratings.
Liberty Reserves chief technology officer pleads guilty in US court
The former chief technology officer of Liberty Reserve, a company that operated one of the worlds most widely used digital currency services and allegedly laundered billions in suspected criminal proceeds, has pleaded guilty in the Southern District of New York in connection with his role in designing and maintaining the technological infrastructure for Liberty Reserve.
US, EU impose new economic sanctions on Russia over Ukraine
The US and the European Union have imposed stricter sanctions against Russia for its involvement in the Ukraine crisis.
Apex Fund Services names new CEO
Apex Fund Services has named Bill Salus as its new CEO with immediate effect. He replaces Peter Hughes, who becomes chairman.
Alt-finance explodes onto the radar of governments around the globe
As Crowdfunding and alternative-finance explode onto the radar of governments and policy-makers as well as financial institutions around the world the University of California at Berkeley is the, perhaps unlikely, meeting point between all that and academe this week.
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S&P appoints new global head of Islamic finance
Standard & Poor’s Ratings Services (S&P) has appointed Mohamed Damak as global head of Islamic finance.
Amundi names new global head of multi-asset management solutions
Amundi, a subsidiary jointly created by Societe Generale and Credit Agricole to regroup their activities of asset management, has appointed Raphael Sobotka as its global head of multi-asset management solutions for institutional investors.
Hong Kong’s Securities and Futures Commission appoints new members
The Hong Kong Securities and Futures Commission (SFC) has appointed Ms Teresa Ko Yuk-yin, JP and Mr Lee Kwok Keung as members of both the Securities Compensation Fund Committee and the Investor Compensation Fund Committee effective 29 August 2014.
FCA secures pre-trial injunctions against clone investment firm
The UK’s Financial Conduct Authority (FCA) has secured a High Court injunction and freezing order against a clone investment firm operating under the name Joh. Berenberg, Gossler & Co. KG.
TIAA-CREF Asset Management opens distribution office in London
TIAA-CREF, a US financial services organization, has announced the opening of a new distribution office in London, England for its Asset Management business.