All articles by Verdict Staff

Verdict Staff

Wells Fargo launches startup accelerator for financial services-inspired tech innovators

Wells Fargo has began accepting applications through 1 October from young companies interested in joining the new Wells Fargo Startup Accelerator, a semiannual boot camp for innovators whose technology ideas in payments, deposits, fraud, operations and other fields could shape future customer experiences in financial services.

Aviva Investors strengthens global investment & risk teams

Aviva Investors has hired four senior investment and risk professionals in its Chicago and Toronto offices.

Bank of America’s co-chief operating officer to become sole COO

Bank of America’s (BofA) head of investment banking and trading, Thomas Montag, will become sole chief operating officer (COO) as co-COO David Darnell is leaving that role to become vice chairman of the bank.

Global survey finds good CSR makes good business sense: Grant Thornton

A survey of 2,500 businesses in 34 economies finds that businesses are being driven towards more socially and environmentally sustainable practices not simply by brand building or altruism, but because it makes good financial sense.

Malta’s individual investor program attracts over US$330 million of capital in six months

Malta’s Individual Investor Program aimed at ultra-high net worth individuals and families worldwide has attracted over US$330 million of capital in the last six months.

Butterfield Bank names new managing director

Butterfield Bank UK has named Matthew Parden as new managing director replacing Raymond Sykes, who has stepped down after spending more than four years at the firm.

Investors set to grow alternative assets investment teams: Preqin

Preqin’s latest survey of institutional investors globally that are active in alternative assets indicates that these institutions are growing increasingly proactive with their alternative asset portfolios.

Raymond James lures US$180 million advisory team from Morgan Stanley

Raymond James has lured a team of two financial advisors from Morgan Stanley that managed more than US$180 million in client assets.

Rwanda, Mauritius double taxation avoidance agreement enters into force

The double taxation avoidance agreement (DTAA) signed between the Republic of Mauritius and the Republic of Rwanda has come into force on 4 August 2014, following the completion of necessary internal procedures by both parties.

Equity Investment Bank inks collaborative deal with Exotix Partners

Equity Investment Bank (EIB), a subsidiary of Equity Bank, has entered into a collaborative agreement with global investment services firm, Exotix Partners.