All articles by Verdict Staff
Verdict Staff
SEC charges Ernst & Young with violating auditor independence rules in lobbying
The US Securities and Exchange Commission (SEC) has charged Ernst & Young LLP with violations of auditor independence rules that require firms to maintain their objectivity and impartiality with clients.
Generali forms new asset management firm in Luxembourg
Italy-based Generali has established a new asset management company based in Luxembourg.
Ingenious Asset Management completes takeover of Thurleigh Investment Managers
Ingenious Asset Management has completed the acquisition of Thurleigh Investment Managers to create a specialist wealth management firm.
UK equities performed well in Q2 2014: Russell Indexes
UK equities performed well in the second quarter 2014 and in July-to-date according to the Russell Global Indexes, although Russell Investments is cautious of the sustainability of the UK economic recovery.
Citigroup agrees to pay US$7 billion to resolves mortgage probe
American banking giant Citigroup has reportedly agreed to pay nearly US$7 billion to settle allegations it sold shoddy mortgages in the run-up to the 2008 financial crisis.
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HSBC names new retail banking and wealth management head in Oman
HSBC Bank Oman has named Abdul Qader bin Ahmed Al Sumali as new general manager and head of retail banking and wealth management (RBWM).
Prestige Capital Management names new COO
Prestige Capital Management, a Malta-based investment management company, has named Iain Fulton as its new COO.
RFA reaches out to investment management community with new London office
RFA, a provider of technology solutions to investment management clients, has opened its London office.
Credit Suisse seeks sentencing delay in US tax case
Swiss banking Credit Suisse has urged a US court to delay its impending August sentencing in tax-evasion case to “at least” November in order to safeguard its ability to run pension money.
Sprott Asset Management set to launch new real asset fund
Canada-based Sprott Asset Management is set to launch a new real asset fund, effective 16 July 2104.