HSBC unveils Asia wealth strategy
HSBC has revealed plans to expand insurance and wealth management divisions in China as part of strategy refresh.
Author: Will Grahame-Clarke
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Old Mutual reveals managed separation price
Old Mutual Wealth (OMW) has revealed its float price and expected market capitalisation following its managed separation from its parent Old Mutual
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Ex-ECB boffin heads upgraded adviser pensions unit
European advice trade body Fecif has launched a pensions institute to address the growing pensions gap.
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STM pledges ‘action’ in wake of compliance probe
STM Group’s Gibraltar based companies have pledged to strengthen oversight and sharpen procedures in the wake of a long awaited special investigation into their practices.
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Underinvested, underinsured and over here – China’s wealthy on the move
China’s private wealth is growing at a break neck pace with four of its eastern provinces as wealthy as Portugal, according to analysis from Legal & General Investment Management (LGIM).
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UK advice in good health but PI cover up
The scale of the burden of rising professional indemnity insurance (PII) premiums has been revealed in a new section of the UK regulator’s data bulletin.
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European Wealth’s ambitious US acquisition collapses
Guernsey-based European Wealth Group’s acquisition of US broker Newbridge has been “mutually” called off.
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Expat reprieve opens door to wider US reform
A reprieve for US expats caught up in changes to overseas corporation tax “opens the door” toward a residency-based taxation, claims Washington-based campaign group American Citizens Abroad.
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Dubai acts on school fee frustrations
Expats in Dubai are becoming increasingly frustrated with the high cost of education in the UAE.
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Malaysia life insurer inks digital distribution deal
Gibraltar BSN Life is to boost its distribution management operation in Malaysia by partnering with Majesco Distribution Management and Digital Solutions.
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Gay couple wins EU residency test case
Married gay couples have equal EU residency rights the European Court of Justice has ruled.
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Lawyers for the BVI ‘confident’ in public register battle
The government of the British Virgin Islands (BVI) has assembled a legal team to fight the imposition of a register of beneficial ownership by the UK.