All articles by Verdict Staff
Verdict Staff
HSBC plans to create 200 new positions across Scotland
HSBC has revealed its plans to create 200 new jobs across Scotland including offices located in Glasgow, Edinburgh, Hamilton and Aberdeen, as part of a £20 million investment program.
Luxembourg domiciled funds reach record EUR2.74 trillion
According to the annual report of the Association of the Luxembourg Fund Industry (ALFI), the positive growth trends of 2013 continued into 2014, with assets under management for Luxembourg domiciled investment funds reaching a new record of EUR2.74 trillion at the close of April 2014.
Pictet & Cie expands team in Munich
Swiss private bank Pictet & Cie has expanded its Munich office by appointing seven new advisors, effective 1 July 2014.
BNY Mellon launches new online portal MyOnCore
BNY Mellon has launched MyOnCore, an online portal that offers transparency and oversight to investment managers that have outsourced their middle-office operations.
AssetMark launches mobile channel to support advisors
AssetMark, a strategic provider of innovative investment and consulting solutions serving financial advisors, has launched an iPad application with interactive business development capabilities that enable advisors to more easily build and enhance client relationships.
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Nigel Green slams calls for advisers of tax avoidance to be prosecuted
Calls for professionals – including lawyers, accountants and financial advisers – who advise on tax avoidance measures to face prosecution have been slammed as “flawed” and “disingenuous” by Nigel Green, CEO of the deVere Group.
Santanders private banking unit aims to double FuM globally
The international private banking arm of Spanish banking giant Santander is aiming to double its funds under management (FuM) globally in coming years.
Andorra becomes signatory to OECD tax declaration
Andorra has become the 48th signatory to an OECD declaration that commits to automatic exchange of information in tax matters.
DeAWM expands its passive distribution team for US Western region
Deutsche Asset & Wealth Management (DeAWM) has hired four regional vice presidents to support the growth and coverage of its US exchange-traded products (ETP) platform in the Western region.
India likely to revise taxation agreement with Cyprus
India is likely to revise the terms of the double taxation avoidance agreement (DTAA) with Cyprus, and reintroduce a 10% withholding tax rate.