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II21: IHT Special Report

By: Gary Robinson | 17 Aug 2018

International Investment’s latest ezine, a special report devoted to the issues surrounding IHT, is out today. Click here or on the image below to read the UK version of…

Aegon sells businesses in Czech Republic and Slovakia for €155m

By: Pedro Goncalves | 17 Aug 2018

Aegon has agreed to sell its businesses in Czech Republic and Slovakia for €155m to NN Group. The transaction is consistent with Aegon’s strategic objective to optimize…

Switzerland losing crypto ‘crown’ to offshore rivals

By: Pedro Goncalves | 17 Aug 2018

Swiss regulators are stepping up efforts to halt an exodus of cryptocurrency projects from the country, after two banks in the country’s small but flourishing virtual currency…

Saudi Arabia denies ‘rumours’ about freezing expat fees

By: Pedro Goncalves | 17 Aug 2018

Saudi’s ministry of Labour and Social Development has “categorically denied social media rumours” about plans to keep the expat fees for companies fixed at the initial level,…

Industrial Bank Co launches new Hong Kong private banking business

By: Pedro Goncalves | 17 Aug 2018

Industrial Bank Co. Ltd, one of China’s largest banking groups with total assets of CNY6.09trn, has teamed up with Avaloq to provide a comprehensive solution for its…

Woman claims Lumiere adviser misled her into signing £1m loan to him

By: Pedro Goncalves | 16 Aug 2018

A partially blind 79-year-old has told a Jersey court “trusted” financial adviser tricked her into signing a blank piece of paper which gave him a personal loan…

People Moves: Standard Chartered, Ogier, Skipton, Investoo, Transamerica Life Bermuda, OMGI, Credit Suisse, UBP

By: Pedro Goncalves | 16 Aug 2018

Standard Chartered Standard Chartered Private Bank’s Wealth Intermediaries team has grown with the appointment of Stephan Geissmar as head of investments. Geissmar, who has 30 years’ experience…

Neuberger Berman launches CLO income fund

By: Christopher Copper-Ind | 16 Aug 2018

Neuberger Berman, the employee-owned investment manager, has launched a UCITS strategy investing primarily in collateralised loan obligations (CLO) mezzanine debt securities. Targeted at sophisticated investors, the Neuberger…

£685,000 record payout to Creechurch whistleblower

By: Pedro Goncalves | 16 Aug 2018

A portfolio manager who was unfairly dismissed by Isle of Man-based wealth firm Creechurch Capital, which allegedly falsified records in its dealings with two clients, has been…

Dubai regulator probes Abraaj Capital as investigation continues

By: Christopher Copper-Ind | 16 Aug 2018

Dubai’s financial services regulator has moved to bar Abraaj Capital from taking on new business or moving money to Abraaj Investment Management (AIML), its related entity, while…

II21 IHT Special Report ezine out today

By: Christopher Copper-Ind | 16 Aug 2018

International Investment’s latest ezine, a special report devoted to the issues surrounding IHT, is out today. In this special edition we look at the growing case for reform…

DeVere UK reports £1.2m loss amid ‘significant’ FCA investigation costs

By: Pedro Goncalves | 16 Aug 2018

DeVere UK has recorded a loss of over £1.2m for 2017 after incurring “significant costs” relating to an ongoing FCA investigation into its pension transfer practices. Financial…

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