All articles by Verdict Staff
Verdict Staff
Threadneedle launches new multi asset income fund
Threadneedle has launched a new multi asset income fund to target the pensions market.
UBS and Deutsche Bank enquired over dark pool probe
Deutsche Bank and UBS have joined the list of banks involved in an investigation into dark pools and high-frequency trading (HFT).
PRA, FCA consult on proposals to improve responsibilty and accountability in banking sector
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have published two joint consultation papers aimed at improving individual responsibility and accountability in the banking sector.
Over 60% of investment advisors bullish on Canadian equities for Q3: Horizons
Canadian investment advisors are bullish on domestic equities and commodities heading into the third quarter of 2014, which is a pickup in sentiment from the negative expectations they had towards 11 out of 15 asset classes in the second quarter, according to Horizons ETFs survey.
Bank of America Merrill Lynch hires new manager for Tokyo branch
Bank of America Merrill Lynch has hired Miwa Ohmori as its new Tokyo branch manager, effective 1 August, replacing Tim Latimore.
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UK equity income funds achieve record sales in June: IMA
Equity was the best-selling asset class for the fifteenth consecutive month with net retail sales of £1.2 billion, according to the Investment Management Association (IMA) monthly statistics for authorised investment funds for June 2014.
Expert Comment: Social media key to next generation
Cast your mind back 15 years to a time when many of us thought that email was a passing fad and would quickly go the way of the fax machine as a means of communication. Here we are in 2014 and e-mail is now an integral part of our lives and in many cases has replaced the telephone and face-to-face contact. It is now considered second nature.
Vontobel client assets reach CHF172.7 billion
Vontobel Holding, the Swiss asset and wealth manager, reports that its client assets reached CHF172.7 billion, corresponding to an increase of 6% from the end of last year.
JPMorgan unit to pay $650,000 to settle CFTC charges
Commodity Futures Trading Commission (CFTC) has issued an order filing and simultaneously settling charges against JP Morgan Securities and a CFTC-registered Futures Commission Merchant, for submitting inaccurate reports to the CFTC relating to the required reporting of positions held by certain large traders whose accounts are carried by JPMS.
UBS to shell out 300 million to settle tax probe
Zurich-based UBS has agreed to pay a record fine of 300 million to the German tax authorities to settle investigation charges of helping German clients to dodge taxes.