All articles by Verdict Staff
Verdict Staff
Moroccan Parliament approves Islamic banking law
The first house of the Moroccan parliament has approved a governmental bill to set up and regulate Islamic banks and enable private companies to issue Islamic debt.
Northern Trust names new head for Greater China
Northern Trust Asset Management has named Benze Lam as new head of the Greater China region.
Associated Bank names new vice president of private banking
Associated Bank has hired Ron Jahnke as vice president of private banking.
US reaches deal with China to combat tax evasion
The US government has struck a deal with China as part of its efforts to combat offshore tax dodging by the US citizens and implement Foreign Account Tax Compliance Act (FATCA), reported Reuters.
Japanese investors remain bullish on prospects of Japanese economy: Study
Japanese investors remain bullish on the prospects of the Japanese economy, with 72% of survey respondents hopeful that Abenomics will continue to yield positive results in 2014, according to a survey conducted by AIMA Japan and Eurekahedge.
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Julius Baer names new market head for Zurich
Julius Baer has named Paul Arni as new market head Zurich, effective 1 July 2014, replacing Daniel Aegerter.
BNY Mellon to relocate its world headquarters to Brookfield Place in Lower Manhattan
BNY Mellon has said that it will relocate its world headquarters to Brookfield Place, a premier complex in Lower Manhattan’s Battery Park City.
AIMA signs MoU with Asset Management Association of China
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has signed a new memorandum of understanding (MoU) with the Asset Management Association of China (AMAC) in Beijing.
Russian approves bill allowing compliance with US’ FATCA law
Russian parliament has approved a bill that enables financial institutions to comply with the United States’s Foreign Account Tax Compliance Act (FATCA).
Raymond James lures US$200 million advisory team from Sterne Agee
Raymond James Financial has lured a team of two financial advisors from Sterne, Agee & Leach that managed more than $200 million in client assets.