All articles by Verdict Staff
Verdict Staff
Lyxor Asset Management unveils new European Senior Debt Fund
Lyxor Asset Management has unveiled a new Luxembourg-domiciled European Senior Debt Fund.
Securities America buys Dalton Strategic Investment Services
Securities America, a subsidiary of Ladenburg Thalmann Financial Services, has completed the acquisition of US-based Dalton Strategic Investment Services for an undisclosed sum.
Mobile Banking users to exceed 1.75 billion by 2019: Juniper Research
New findings from leading analysts, Juniper Research, finds that over 1.75 billion mobile phone users will have used their devices for banking purposes by the end of 2019, compared to 800 million this year.
Abacus Group launches new platform to help investment firms automate file transfers
Abacus Group has unveiled that the Abacus FileDriver service to help investment companies automate routine file transfers and to protect their business against disruptions caused by failed file transfers.
FINMA publishes fully revised circular “Liquidity risks – banks”
Starting in 2015, a new, internationally harmonised liquidity standard in line with the Basel III minimum standards for banks will come into effect. Following the revision of the Liquidity Ordinance, the Swiss Federal Department of Finance will introduce the short-term liquidity coverage ratio (LCR) requirement.
Exclusive comment: Private banks must change tack as wealth shifts to emerging markets
All across Asia, Africa and the Middle East, successful business owners are growing their wealth rapidly on the back of burgeoning trade and consumer spending. To private banks, these emerging market entrepreneurs represent a potentially huge new client segment, but to serve them, we must do things a little differently.
Macquarie Investment Management names new EMEA distribution head
Macquarie Investment Management (MIM) has named Steve Haswell as head of distribution for EMEA.
BNP Paribas Wealth Management names new head of NRI clients
BNP Paribas Wealth Management has named Masroor Batin as new managing director and head of non-resident Indian (NRI) clients.
Chase de Vere sets aside £4.1million for redress relating to legacy Ucis advice
Chase de Vere has earmarked nearly £4.1million for redress related to legacy advice on unregulated collective investment schemes.
Bank of Singapore expects AuM to hit US$80 billion by 2017
Bank of Singapore, the private banking arm of OCBC Bank, expects its assets under management (AuM) to rise from the current level of US$50 billion and touch US$80 billion mark in next three years.