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Industry slams BoE’s decision to hike rates

By: Pedro Goncalves | 02 Aug 2018

The Bank of England has raised interest rates from 0.5% to 0.75%, the highest level since the financial crisis almost a decade ago, with the financial sector…

ING Australia shuts door to expat buyers

By: Gary Robinson | 18 Jun 2018

ING Australia has admitted that it is stopping lending to expatriate Australians needing finance to buy property in their home country. It is the second major international…

UK expats set for mortgage boost as rates drop: comment

By: Gary Robinson | 13 Jun 2018

The recent drops in expat mortgage interest rates combined with the effect of a weak housing market in the UK looks  set to give expat house buyers…

UK expats squander an average £40k on B2L costs: research

By: Gary Robinson | 31 May 2018

UK expats acquiring buy-to-let property back home are often wasting £40,000 on unnecessary transaction costs, exchange and loan rates across the first five years of the loan,…

Singapore’s MAS consults on raising bar for individual accountability

By: Helen Burggraf | 01 May 2018

The Monetary Authority of Singapore is seeking industry feedback on a proposal to “strengthen individual accountability of senior managers, and raise standards of conduct in financial institutions”,…

UK-based advisory firm: Mortgage biz on FSCS default list ‘dissolved in 2014’

By: Helen Burggraf | 18 Apr 2018

Blevins Franks Financial Management Ltd, one of the longest-established advisory firms specialising in looking after expatriate British nationals, said it has contacted the Financial Services Compensation Scheme…

Carrick Wealth opens outpost in Malawi as African expansion continues

By: Helen Burggraf | 05 Mar 2018

Carrick Wealth Management, the Cape Town, South Africa advisory firm headed by Craig Featherby, has opened an office in Blantyre, Malawi, bringing to five the number of…

AML ‘loopholes’ to be closed in British Columbia: BC attorney-general

By: Helen Burggraf | 20 Feb 2018

A top lawmaker in the Canadian province of British Columbia says the government will bring in new, concrete measures to “close loopholes” that a major Canadian newspaper has…

Ruling on Swiss franc property loan ‘could have implications’ for Europe: report

By: Helen Burggraf | 05 Feb 2018

A court in Slovenia has annulled a real-estate loan that had been executed  in Swiss francs on grounds that the borrower hadn’t been informed of the high…

People Moves: Saxo Capital Markets UK, Neuberger Berman, Butterfield Mortgages, Macquarie Group

By: International Investment Staff | 06 Nov 2017

Saxo Capital Markets UK  Saxo Capital Markets UK, the UK subsidiary of Denmark’s Saxo Bank, has named Andrew Edwards chief executive, succeeding Mateo Cassina, who has left…

UK 35-year mortgages creating pension timebomb

By: Eugene Costello | 12 Oct 2017

In a sign of the growing gulf between property prices and average wages, almost a quarter of first-time buyers are opting for 35-year mortgages, one of the…

Carlyle Group cleared over mishandling of funds in £1bn Guernsey court case

By: Eugene Costello | 06 Sep 2017

Senior executives at US-based The Carlyle Group have been cleared of negligence in a seven-year case brought against them by liquidators valued at more than £1bn, making…

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