Barclays names clarke as iom offshore director
Barclays Wealth & Investment Management has appointed Steve Clarke to its senior management team as director of offshore and local markets, based in the Isle of Man.
Author: Mark Battersby
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Legal and gen boosts intl assets by a third
Legal & General Investment Management’s international assets jumped by just over a third in 2012 to £43bn, which accounted for more than 10% of the total amount under management.
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banque havilland brings citi exec on board
Banque Havilland, the Luxembourgheadquartered independent private bank, has appointed former Citi Private Bank vice president Oliver Selwyn as a director of private banking.
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Aviva to sell Russian business
Aviva has sold its Russian life and pensions operations to a non-state pension fund in the country for 35m.
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standard chartered eyes Indian wealth manager
Standard Chartered is in talks to buy Morgan Stanley’s Indian wealth management arm, it emerged yesterday.
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hmrc wins offshore tax avoidance case
HM Revenue & Customs has won a court case against a tax avoidance scheme sold by Jersey-based Dominion Financial Services Group.
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Barclays appoints iom compliance head
Lesley Corlett has joined the Isle of Man’s Barclays Wealth and Investment Management as a vice president and head of compliance.
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Student house share fund launch
A Sicav property fund has been launched targeting private houses rented to students near an elite set of UK universities collectively known as the Russell Group.
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iom pension association elects new chairman
Boal & Co director Mark Kiernan has taken over as chairman of the Isle of Man’s Association of Pension Scheme Providers (APSP) from Stuart Clifford, who had been in the role since it came into being in November 2010.
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hsbc sells Panama bank to focus elsewhere in sa
HSBC has agreed to sell its Panama banking operation to Bancolombia, the largest commercial bank in Columbia, for $2.1bn as part of its continuing global strategic focus on fewer markets.
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uk pension shortfall is worst in world
The UK is one of the least prepared countries in the world for retirement while Malaysia is one of the best, according to HSBC’s latest global report.
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interglobal appoints bus dev executive for africa
InterGlobal has appointed Robyn Wayland as business development executive, Africa.