All articles by Verdict Staff
Verdict Staff
Ascentric names new managing director
Royal London Groups wrap provider Ascentric has named Jon Taylor as new managing director, effective January 2015, replacing Hugo Thorman.
Goldman Sachs Group restructures Board of Directors
Goldman Sachs Group’s lead director and chair of the boards corporate governance, nominating and public responsibilities committee James Schiro has retired from the board to undergo treatment for multiple myeloma.
Hong Kong’s SFC revokes licences of Union Securities
The Securities and Futures Commission (SFC) of Hong Kong has revoked the licences of Union Securities Limited (Union Securities) and its two responsible officers, Ma Kin Chung and Cheng Tai Ha.
Emirates NBD net profit up 30% to AED2.35 billion in H1
Emirates NBD, a UAE-based bank, has posted net profit of AED2.35 billion (US$639.78 million) for the half year ended 30 June 2014, up 30% from the same period a year ago.
FCA in talks with global banks over settlement of currency-rigging probe
The UK’s Financial Conduct Authority (FCA) is reportedly nearing deal with a group of global banks to settle currency-rigging probe.
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Select Fund Services launches Neuberger Bermans ARMS Trust
Neuberger Berman has partnered with Select Fund Services, an Australia-based provider of RE services for multi-asset trusts, to launch the Neuberger Berman Absolute Return Multi Strategy product to retail and self managed superannuation fund (SMSF) investors in Australia.
Online hedge fund platform engages members by providing exclusive research and content
Hedge Connection announced the recent launch of content loaded resources for its members to strengthen relationship building opportunities.
AmInvest unveils two new feeder funds
AmInvest, a Malaysia-based fund management arm of AMMB Holdings, has unveiled two new mixed asset and equity growth feeder funds called the US-Canada Income and Growth and Europe Equity Growth.
Brooks Macdonald’s discretionary funds up 28%
Brooks Macdonald, a London-based wealth management firm, has generated £6.55 billion discretionary funds under management by the end of 30 June 2014, an increase of 28% from £5.11 million (US$13.4 million) reported a year ago.
France widens existing tax evasion investigation against UBS
French prosecutors have placed Swiss banking giant UBS under formal investigation over allegedly helping French clients evade taxes.