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Hopes for change to US citizenship-based regime still alive, campaigners say

By: Helen Burggraf | 17 Nov 2017

Spokespeople for organisations that have been urging US lawmakers, on behalf of expatriate Americans, to legislate for a change to a “residence-based” tax regime said today that…

ICIJ releases Paradise Papers structured data

By: Jonathan Boyd | 17 Nov 2017

The International Consortium of Investigative Journalists will start publishing structured data from the Paradise Papers leak today, 17 November, by offering information on some 25,000 offshore entities…

Oil and gas to go from NBIM sovereign wealth fund index

By: Jonathan Boyd | 17 Nov 2017

Norges Bank Investment Management, which is mandated to run the Pension Fund Global on behalf of Norway’s Ministry of Finance, has written to the ministry recommending that…

UK gov’t spends £18m on largely ignored Pension Wise adverts

By: Eugene Costello | 17 Nov 2017

The government has spent £17.8m advertising its free Pension Wise service since 2014, the minister for pensions and financial inclusion has revealed, despite only 12% of eligible…

Neuberger Berman obtains China AM licence

By: Ridhima Sharma | 17 Nov 2017

Neuberger Berman Investment Management (Shanghai), Neuberger Berman’s foreign-owned enterprise in China, has secured registration as a private fund manager with the Asset Management Association of China (AMAC).…

Scale of pension fraud could be £1bn, regulator tells MPs

By: Eugene Costello | 16 Nov 2017

The scale and value of money taken from consumers in pension scams is unknown, the regulator has disclosed to a committee of MPs tasked with conducting a…

David Hughes resigns as head of deVere’s Acuma operations in Gulf; Green to assume role

By: Helen Burggraf | 16 Nov 2017

David Hughes, who has headed up the deVere Group’s Acuma operations in the Gulf for the last two years, has formally resigned from the role, and his…

London offshore conference: ‘Paradise Papers’ seen as latest of myriad challenges

By: Helen Burggraf | 15 Nov 2017

It was inevitable, says Offshore Alert founder David Marchant, that the recent Paradise Papers scandal would be a major topic of conversation at the US-based investigative publication’s…

Bahrain’s Arab Banking Corp opens Singapore branch, in expansion drive

By: Helen Burggraf | 15 Nov 2017

Arab Banking Corp, the Bahrain-based banking group which has had a representative office in Singapore since 1982, has upgraded that outpost to a full-fledged branch, in response,…

People Moves: Citi, Stanhope Capital, PA Group

By: International Investment Staff | 15 Nov 2017

Citi Commercial Bank  Citigroup, the New York City-based banking and financial services giant which is increasingly known as Citi, has promoted Catherine Pierre to head up the…

People Moves: AJ Bell, Brooks Macdonald, Edmond de Rothschild, Columbia Threadneedle

By: Ridhima Sharma | 14 Nov 2017

Edmond de Rothschild Asset Management The family-run investment house, Edmond de Rothshild AM, has appointed Gad Amar as global head of business development. Based in Paris, Amar…

STM’s Kentish released from arrest, shares reinstated

By: Gary Robinson | 14 Nov 2017

The board of STM has released a statement to the London Stock Exchange announcing that its chief executive Alan Kentish was released from arrest and bail yesterday…

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