11 UK firms declared in default by lifeboat scheme
Company that used to represent Alan Shearer among those named
Author: Cristian Angeloni
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Deutsche Bank poaches 13 from Credit Suisse
To bolster its Italian wealth management operation despite cutting 18,000 jobs worldwide
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Ex-solicitor broke trust by dipping into client funds
He loaned over £370,000 to other people which was held in a trust by his law firm
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Prudential in court over mass tied agent exodus in Singapore
Insurer blames former employee for nearly 250 agents resigning – resulting in a S$2.5bn loss
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Investment scam alert button added to Facebook in the UK
Court action that forced the move has already seen 1,000+ misleading ads taken down
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PEOPLE MOVES: Natixis WM, Deutsche Bank, Lombard Odier
Two executives appointed at the wealth manager, while German bank makes hire after job cuts
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A third of Singaporeans think investing is gambling
With 64% falling behind when it comes to staying on top of their financial situations
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South African financial adviser arrested for fraud
He reportedly encouraged clients to put money into unregulated investments with ZAR100m potentially lost
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Regulatory roadblock halts AMP Life sale
Acquisition by Resolution Life ‘highly unlikely to proceed’ as firm struggles to meet conditions
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US in the news: Wells Fargo hires from Deutsche Bank
A round up of the latest people moves and M&A deals in North America
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Malta pension rules cause industry confusion
As long as an adviser is regulated, they should have nothing to fear, trade body said
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‘Patronising’ attitudes drive diverse clients away
It takes more than an open mind to serve LGBT+ customers