All articles by Verdict Staff

Verdict Staff

US regulatory rule furthers bank liquidity measurements: Fitch

U.S. federal banking regulators yesterday issued their final rule on the liquidity coverage ratio (LCR) that formalizes what will become a key benchmark of liquidity for U.S. banks.

Goldman Sachs to foray into Islamic capital markets

Goldman Sachs is planning to issue a five-year $500 million Sukuk as it seeks to tap the growing market for Islamic bonds.

Credit Suisse expands private banking business to Toronto

Swiss banking major Credit Suisse Group has expanded its private banking business to Toronto in Canada.

Blackstone hires traders to launch new hedge fund firm

Blackstone, a US-based hedge fund investor, is planning to launch new big bet hedge fund next month called Blackstone Senfina Advisors.

Pioneer Investments expands sales team in Spain and Portugal

Pioneer Investments has expanded its sales team in Spain and Portugal by hiring Julia Salazar as new sales manager.

Canadian economy can’t sustain growth without low interest rates and a weaker dollar: CIBC

Unexpected growth in consumer spending and residential construction have seen the Canadian economy outperform in 2014, but continued low interest rates and a cheaper loonie are necessary to sustain growth going forward, finds a new report from CIBC World Markets.

Threadneedle strengthens multi-asset team

Threadneedle Investments, a international asset manager, has appointed Maya Bhandari as Investment Strategist in its multi-asset allocation team.

Aviva Investors hires new CIO for equities and multi-assets

Aviva Investors, the global asset management arm of Aviva, has hired David Lis as new chief investment officer for equities and multi-assets.

SunGard and PRMIA research reveals risk management evolution as strategic core competency

A global survey undertaken by the Professional Risk Managers’ International Association (PRMIA) and SunGard reveals an attitudinal shift among risk managers, who are now increasingly viewing risk management as a strategic core competency rather than just a regulatory obligation.

Lloyds may relocate its registered office to London

Lloyds Banking Group may relocate its registered offices to London from Edinburgh if Scots vote for independence.