Italian insurer Generali has strengthened its presence in Hong Kong with the launch of a new company that will offer a range of life insurance and unit-linked products to high net worth individuals and mass affluent customers.
Exchange traded fund provider WisdomTree has launched a Eurozone Quality Dividend Growth Ucits ETF (EGRA) on the London stock exchange.
Argentinean footballer Lionel Messi has been sentenced to 21 months in prison for tax fraud by a Spanish court after being found guilty of defrauding Spain of €4.1m (£3.5m, €4.6m) between 2007 and 2009.
Switzerland’s Federal Tax Administration has ordered UBS to provide account information to French authorities, with the Swiss bank now expecting similar requests from other countries.
International life insurer Unilife has its roots firmly planted in Africa, but managing director Stephen Conway has his sights set on entering Europe as well as the changing face of the life market.
The Pensions Regulator (TPR) has appointed independent trustees to a pension transfer scheme paying commission up to 30%, after finding that nearly £6m of pensions savings were being put at risk.
An investors group for victims of the LM Investment Management collapse is looking at the feasibility of bringing legal action in England & Wales, as well as other jurisdictions.
Swiss private banking group Julius Baer has completed its acquisition of Commerzbank International S.A Luxembourg (Cisal), a fully-licensed private bank located in the Duchy.
Friends Provident International and Old Mutual Global Investors have announced senior appointments in Asia. Legal & General Investment Management has created a new head of wealth management role and Axa IM has boosted its UK distribution efforts with its latest recruit.
The Gibraltar Financial Services Commission (GFSC) has signed an agreement with the Cayman Islands Monetary Authority (Cima) on the oversight of alternative investment fund managers.
UK insurer Aviva has strengthened its market position in the Canadian market with the acquisition of the Royal Bank of Canada (RBC) General Insurance Company.
The OECD’s head of tax has warned that the UK could be even more aggressive in its post-Brexit tax offering, as chancellor George Osborne announces plans for further cuts to corporation tax.
