All articles by Verdict Staff

Verdict Staff

Aussies distracted by a quick fix at expense of their financial future: Westpac

Almost one in three Australians aged 18-65 would prefer to find $200 in cash than $2,000 in lost super, according to a Westpac report.

Hong Kong PWMA appoints new chairman of executive committee

Private Wealth Management Association (PWMA) in Hong Kong has appointed Kathryn Shih as the chairman of the executive committee.

ESMA, EBA publish guidelines for handling consumer complaints across the EU

The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have published their Joint Committee final Report on guidelines for handling consumer complaints in the securities and banking sectors.

Morningstar reports US mutual fund asset flows for May 2014

Morningstar has reported an estimated U.S. mutual fund asset flows for May 2014.

Exhilway exits hedge fund business reassigning operational rights

Exhilway has exited hedge fund business by reassigning the operational rights to a large private investor group in Australia in lieu of market linked variable royalty, payable every year by the investor group.

Commonwealth Bank names new CIO

Australia-based Commonwealth Bank (CBA) has appointed David Whiteing as the new group executive, enterprise services and chief information officer.

Botswana, Ireland sign double taxation agreement

The government of Botswana has signed a double taxation agreement with Ireland to widen the two-way trade and investment between the countries.

Morgan Stanley introduces first ETF with ERI Scientific Beta

American financial services firm Morgan Stanley has launched its first ETF in association with ERI Scientific Beta, the MS Scientific Beta Global Equity Factors UCITS ETF on its FundLogic platform.

Barclays appoints new chairman for MENA region

Barclays has appointed Makram Azar as its chairman for the Middle East and North Africa.

BNY Mellon to launch home equity retirement solutions

BNY Mellon is planning to launch Home Equity Retirement Solutions later this year, a business that purchases, securitizes and services reverse mortgages and provides advisory services to brokers, financial advisors, and asset managers on how reverse mortgages fit into retirement plans.