HSBC is to cut more than 100 jobs in its Isle of Man operation and about 52 in Guernsey, the London-based bank has confirmed. The cuts will take place mainly in the bank’s securities services (HSS)
T. Rowe Price has launched a large cap global equity fund and European small and mid cap fund to its Luxembourg Sicav range. The Global Large Cap Equity Fund can invest in companies whose market ca
The Isle of Man Treasury returns to the High Court in Douglas on 9 April to seek approval for a so-called Scheme of Arrangement (SOA) aimed at compensating depositors caught in last October’s co
Offshore Bond Workshop Radisson Edwardian Manchester – Wednesday 11th March 2009 Waldorf Hilton London – Thursday 12th March 2009 Maltese Investor Breakfast Malta – Thursday 7th May 2009 Chan
Jersey government officials will travel to Washington in March to defend the island against an expected renewed attack on offshore financial centres by US lawmakers.They will meet ne
Offshore insurance companies are lobbying for an exemption from a proposed extension of the European Union Savings Directive (EUSD).
Britannia Building Society and Co-Operative Financial Services say it is too soon to predict how the proposed merger of the two organisations may affect Britannia’s Isle of Man-based offshore su
Crédit Agricole and Société Générale are to combine their investment operations to create Europe’s fourth largest asset manager and the ninth in the world by a
Gartmore has launched its European Absolute Return Fund after a three-month delay blamed on extreme market volatility and temporary restrictions on short-selling.
Friends Provident International (FPI) saw a 12.3% increase in business in 2008, growth the company said was aided by the recent plunge in sterling.
Brandeaux, the London-based property fund manager, has become the latest in the real estate sector to suspend redemptions. Before implementing the measure, the firm had been bucking the industry
Asset management houses are slashing budgets, staff numbers and closing, merging or restructuring funds as they struggle to survive the global financial downturn.
