All articles by Verdict Staff

Verdict Staff

ASIC suspends AFS licence of Financial Technology Securities Pty Ltd

ASIC has suspended the Australian Financial Services (AFS) licence of Financial Technology Securities Pty Ltd (FTS) following concerns it had provided inappropriate advice to some clients.

Credit Suisse holds inaugural Asia Pacific Family Forum in Hong Kong

Credit Suisse held its inaugural Asia Pacific Family Office Forum in Hong Kong, attended by around 150 guests from both established and emerging single family offices (SFOs) from Asia Pacific and Europe.

Global market capitalisation tracker shows US businesses eclipsing the rest of the world:PwC

The United States now boasts nearly half of the world’s 100 most valuable companies with 47 companies compared to 42 five years ago, and 33 in 2008, according to a new PwC study.

HKMA selects four banks to launch its first Islamic bond: report

Hong Kong Monetary Authority (HKMA) has reportedly selected HSBC, Standard Chartered, CIMB Group Holdings and National Bank of Abu Dhabi to launch its first Islamic bond.

Retirement investing vehicles and equities lead in popularity in Q2 2014: Survey

Retirement investment vehicles continue to be regarded positively by investors, with eight in ten saying now is a good time to invest in 401(k) plans and IRAs, according to the second quarter 2014 John Hancock Investor Sentiment Survey.

EY announces 675 new partners worldwide

EY has said that 675 of its people will become partners across the member firms of its organization, an increase of 33% compared to 2013 and the highest promotions to partner ever at EY.

Invesco Perpetual expands UK equities team

Invesco Perpetual has expanded its UK equities team by appointing Robin West as new UK equities fund manager and Tim Marshall as new senior investment analyst.

HSBC to cease operations in Libya -report

HSBC is reportedly planning to cease its Libyan operations as well as close its representative office in Tripoli as part of its strategy to retreat from markets where it has a limited presence.

Goldman Sachs plans to establish European lending unit for wealthy clients

Goldman Sachs is reportedly planning to boost its European wealth management business by launching a new European lending unit for its wealthy clients as part of the bank’s strategy to restructure its business.

PM+M Wealth Management appoints new director

PM+M has named Antony Keen as new director for its wealth management division.