All articles by Verdict Staff
Verdict Staff
Avaloq, Banque Internationale plans Business Process Outsourcing centre in Luxembourg
The Avaloq group and Banque Internationale à Luxembourg (BIL) are planning to join forces to establish the first independent provider of full Business Process Outsourcing (BPO) services in Luxembourg for the Benelux and the French market.
Insight Investments poaches Ignis’ distribution chief
Insight Investments has reportedly hired Ignis Asset Management’s COO of distribution Tim Edwards.
State Street Global Advisors launches new European small vap SPDR ETF
State Street Global Advisors (SSgA) has launched the SPDR EURO STOXX Small Cap ETF.
CityUK’s independent economists group warns of uncertainty over macroprudential policy
The CityUK’s Independent Economists Group (IEG) has warned in a new report that uncertainty over the use of macroprudential measures and the timing of interest rate rises pose risks to the UK economy.
EBA launches interactive single rulebook
The European Banking Authority (EBA) has launched the interactive Single Rulebook, an on-line tool designed to facilitate navigation through the single set of harmonised prudential rules in the EU banking sector.
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US extends deadline for Swiss banks to handover tax information
The US Department of Justice has extended the deadline by one month for Swiss banks suspected of aiding wealthy US citizens evade taxes to prove their clients were clean.
Deutsche Bank Alternative Fund Services partners with Structured Credit Services
Deutsche Bank has been awarded a loan services and fund administration mandate from Pacific Asset Management, a subsidiary of Pacific Life Insurance Company that manages in excess of USD 4 billion in fixed income strategies.
Cofunds names new strategy director
Cofunds, a UK-based investment platform for advisers, has named Paul McMahon as strategy director on an initial six-month contract.
Miton Group purchases Darwin Capital
Miton Group, a multi-asset and equity fund management specialist, has purchased David Jane’s investment boutique Darwin Capital, for an undisclosed sum.
Nearly 72% of people over the age of 50 want to work in retirement: Merrill Lynch
A new study from Merrill Lynch, conducted in partnership with Age Wave, finds that nearly three out of four (72%) pre-retirees over the age of 50 say their ideal retirement will include working often in new, more flexible and fulfilling ways.