Midas Capital offloads overseas units
Midas Capital is to offload two subsidiaries in Guernsey and South Africa.
Industry
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RBC continues onshore expansion
Offshore firm RBC Wealth Management has made a further hire to its UK business.
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Malta FSA launches consumer DVD
The Malta Financial Services Authority has produced has produced a DVD for consumers.
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RWC launches fund into Germany
RWC Partners has received authorisation to sell its Ucits III Absolute Alpha Fund in Germany.
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Heather Bestwick succeeding Kirkby at Jersey Finance
Heather Bestwick is to succeed Robert Kirkby as technical director at Jersey Finance.
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Tony Blair under pressure from UK media over possible plans to avoid UK tax
Tony Blair came under pressure following news of links to companies with offshore licences
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Veritas strengthens global team with new analyst
Veritas Asset Management, the investment boutique, has strengthened its global team
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Greece announces bond issue
Greece has announced a sale of government bonds to try to pull itself out of its debt crisis.
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Germany and Switzerland agree double tax deal
Germany and Switzerland have agreed in principle to a new double taxation deal.
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FSA to stop commission system in UK
New rules on removal of commission in the UK may not achieve much
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OBSR drops two Artemis International funds
OBSR has removed two Luxembourg-domiciled Artemis International funds from its service.
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Dubai World gets Gov’t help
The Dubai government is to inject over $1.5bn of cash into property conglomerate Dubai World.