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Standard Life Aberdeen insurance arm sold to Phoenix in £3.25bn deal

By: Christopher Copper-Ind | 23 Feb 2018

Standard Life Aberdeen announced this morning it would sell its insurance division to Phoenix Group for £3.24bn, as it posted 2017 pretax profit of £1bn. “This transaction…

Hansard half-year results show reduced profits yet wider expansion

By: Christopher Copper-Ind | 22 Feb 2018

Hansard Global, the Isle of Man-based international financial services company, released its half-yearly results today. The results, for the six months to 31 December 2017, show a…

Generali announces climate change strategy, divesting €2bn from coal

By: Christopher Copper-Ind | 22 Feb 2018

Generali Group, the Italian owned multinational company, yesterday approved a radical new strategy on climate change. Investments in “green” sectors will be increased by €3.5bn, mainly through…

Multi-asset merry-go-round as Jupiter and Wells Fargo add to teams

By: Christopher Copper-Ind | 15 Feb 2018

Jupiter Jupiter Asset Management has confirmed the appointment of Talib Sheikh as head of strategy, Multi-Asset. He joins the business in June and will report directly to…

DeVere raids Guardian amid major Middle East recruitment offensive

By: Gary Robinson | 15 Feb 2018

DeVere Group has raided rival IFA firm Guardian Wealth to appoint a new manager within its Abu Dhabi office and is planning a major expansion in the…

Vistra acquires chartered accountancy in Dublin

By: Helen Burggraf | 15 Feb 2018

Vistra Group, the Hong Kong-based corporate services, trust, fiduciary, private office and fund administration services provider, has acquired Dublin-based Squires Gilbride Chartered Accountants & Advisors, as it continues…

SoftBank lining up to acquire third of SwissRe

By: Christopher Copper-Ind | 08 Feb 2018

Japanese conglomerate SoftBank is manoeuvering to buy a minority stake in SwissRe, the Zurich-based re-insurer. If confirmed, the acquisition would bring SoftBank firmly into the realm of…

People Moves: Carey Olsen, Wells Fargo Asset Management, IMA

By: International Investment Staff | 08 Feb 2018

Carey Olsen Carey Olsen, the multi-jurisdictional law firm with a major presence in Jersey and Guernsey, said it has named commercial litigator Dhanshuklal Vekaria to its dispute…

DeVere to expand graduate programme to meet demand

By: Christopher Copper-Ind | 07 Feb 2018

Financial advisory firm DeVere is to “significantly expand” its flagship graduate programme in an effort to secure new talent and fill an impending financial adviser gap, the…

Now Ocorian to acquire biz services company in Mauritius

By: Helen Burggraf | 06 Feb 2018

Ocorian, the acquisitive Jersey-based trust, alternative investment, corporate and private client services business that re-branded from Bedell Trust in 2016, has announced its second acquisition in less…

Amazon, Berkshire Hathaway, JPMorgan Chase ‘to partner on healthcare’ for US employees

By: Helen Burggraf | 31 Jan 2018

Amazon, the giant, global online retailer, is to partner with Warren Buffett’s Berkshire Hathaway and Jamie Dimon’s JPMorgan Chase in a bid to provide economical healthcare to…

Oman issues six-month ban on visas for expats from 10 sectors

By: Helen Burggraf | 29 Jan 2018

The Gulf country of Oman on Sunday announced a six-month ban on visas for expats from 10 industries, as part of what it said was an effort…

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