All articles by Verdict Staff
Verdict Staff
SEC charges Bahamas-based brokerage firm for enabling fraud
The Securities and Exchange Commission has charged Bahamas-based brokerage firm and its president for enabling a fraud that was halted when the SEC charged the hedge fund manager at the center of the scheme.
Northern Trust names new Asia-Pacific head of Global Fund Services
Northern Trust has named Peter Jordan as new head of Global Fund Services (GFS) for the Asia-Pacific region.
Expert comment: Content Management
Changing client behaviours and expectations are forcing banks and Wealth Managers to radically rethink how they deliver intellectual capital in an impactful way.
UK’s SFO postpones criminal charges against former RBS traders
The UKs Serious Fraud Office (SFO) is set to postpone the criminal investigation against former traders at Royal Bank of Scotland (RBS) over their alleged role in rigging the global Libor rate into next year.
Commodity hedge funds see strong July, volatile market hits options/volatility strategies: eVestment
July was an exceptionally volatile month in world events, and July hedge fund performance reflected that volatility with an aggregate performance of negative 0.35% for the month.
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BNP Paribas chairman to quit in next few months amid US probe
BNP Paribas chairman Baudouin Prot may quit the firm in the next few months after the bank agreed to forfeit US$8.83 billion as part of a probe into allegations the French bank violated US sanctions laws.
Lombard Odier hires new senior advisor for US
Lombard Odier Investment Managers (LOIM) has hired Nancy Everett as new senior advisor for its US business.
ETFs and ETPs listed in Canada reached US$65.9 billion, a new record high in July 2014: ETFGI
ETFGI’s analysis finds ETFs and ETPs listed in Canada gathered US$1.4 billion in net new assets in July and YTD have gathered US$4.2 billion, which has pushed assets in Canadian listed ETFs/ETPs to US$65.9 billion, a new record high at end of July 2014.
Brewin Dolphin restructures management team
Brewin Dolphins head of IT Gareth Williams and director of marketing Philip Browne have quit the firm as part of the firms restructuring plan.
Allianzs asset management division records 19% dip in Q1 revenue
The asset management division of Allianz has posted an operating revenues EUR1.52 billion for the first quarter of fiscal 2014, a decrease of 18.9% from EUR1.87 billion in the year ago period after the transfer of certain entities to other business segments as of 1 January 2014.