All articles by Verdict Staff

Verdict Staff

China investor sentiment plunges, yet optimistic china will lead growth: Manulife

Investor sentiment in China plunged in the second quarter of 2014 to its lowest level since early 2013 amid concerns about a deterioration in the country’s economic outlook and investment returns, according to new research from Manulife.

SEC charges investor relations firm executive with insider trading

The Securities and Exchange Commission (SEC) has charged a director of market intelligence at a Manhattan-based investor relations firm with insider trading ahead of impending news announcements by more than a dozen clients.

Britain’s antitrust watchdog to probe foreign exchange market-Report

The UK Competition and Markets Authority (CMA) has joined a raft of global regulators probing the global foreign exchange market following allegations of rigging, the Wall Street Journal had reported.

OneVue to buy Select Asset Management

OneVue Holdings has agreed to acquire Select Asset Management, which trades as Select Fund Services and Select Investment Partners.

Deutsche Bank names new country head for Chile

Deutsche Bank has hired Andrés de Goyeneche as new chief country officer (CCO) for Chile.

Peapack-Gladstone Bank appoints new senior managing director, wealth advisor

Peapack-Gladstone Bank has appointed Michael Tormey as new senior managing director and wealth advisor.

KBL epb net profit rises by 19% in first half

Luxembourg-based KBL European Private Bankers (KBL epb) has reported a net profit of €50 million for the first half of 2014, an increase of more than 19% compared to €41.9 million for the same period last year.

CFTC orders Merrill Lynch to pay $1.2 million fine for supervision failures

The U.S. Commodity Futures Trading Commission (CFTC) has fined a unit of Bank of America Corp $1.2 million for failures to supervise processing of fees charged to its customers over a period of three years.

Swiss arm of VP Bank pulls out of US tax disclosure program

VP Bank’s Swiss unit has decided to withdraw from the US Justice Department’s tax disclosure program.

Quantifi expands Australian office in response to growth in Asia-Pacific

Quantifi, a specialist provider of analytics, trading and risk management solutions is expanding its office space in Australia.