All articles by Verdict Staff
Verdict Staff
American prosecutors offer immunity deal to junior UK traders in forex probe-report
US prosecutors are, reportedly, offering immunity deals to junior traders in London as they continue to investigate the alleged rigging of foreign exchange rates by banks and senior traders.
Data quality survey reveals gaps and opportunities in data: DTCC
Financial services firms are in the early stages of implementing data quality programs focused on risk management and regulatory requirements as well as operational efficiency, according to a new survey sponsored by The Depository Trust & Clearing Corporation (DTCC).
FGB opens representative office in Seoul
FGB, a UAE-based bank has opened a new representative office in Seoul, South Korea in move to expand its presence in the Asia Pacific region.
RIA firms harnessing growth by increasing operational discipline: Schwab
Independent registered investment advisors (RIAs) have achieved record growth and the highest profitability of any year since the inception of the Study in 2006, according to the 2014 RIA Benchmarking Study by Charles Schwab,
ServFund selects Microgen 5Series for its fund administration business
ServFund, an Egypt-based provider for fund administration services, has selected Microgen 5Series for its fund administration business.
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Jean-Baptiste Zufferey to resign from FINMA’s Board of Directors
Jean-Baptiste Zufferey will resign from the Board of Directors of the Swiss financial market supervisory authority FINMA at the end of August 2014.
Bessemer Trust hires new senior wealth advisor
Bessemer Trust, a US-based wealth management firm, has hired Ilka Gregory as new principal and senior wealth advisor.
PIMCOs assets under management increase to $1.97 trillion in second quarter?
PIMCO, a global investment management firm, said that its assets under management increased to US$1.97 trillion at the end of the second quarter, up from US$1.94 trillion as of 31 March 2014.
China tightens grip on banks’ wealth-management business
In order to avoid any contagion from higher-risk products spreading to normal bank loans, the China Banking Regulatory Commission (CBRC) has asked banks to create a firewall around increasingly popular wealth management services.
Neuberger Berman expands global real estate securities group
Neuberger Berman has bolstered its global real estate securities group by appointing Anton Kwang as new senior portfolio manager for the Asia Pacific region.