Meyado Private Wealth Management UK in liquidation
Financial Services Compensation Scheme says people may be eligible to claim redress
Asia
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Westpac agrees to pay A$113m penalty
After regulator alleges the bank charged advice fees to over 11,000 deceased customers
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PEOPLE MOVES: Redington, Aegon UK, Scottish Friendly
CEO leaves investment consultancy firm, as product provider names CFO
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Quilter completes sale of international arm to Utmost
As Peter Kenny steps away from the business to ‘pursue different opportunities’
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Wealth manager opens office in Hong Kong
As it hires managing director to help grow the firm’s business in greater China
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Global law firm unveils private wealth operation
It will have a team of 80 people spanning offices in 9 countries across Europe, Asia and Middle East
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PEOPLE MOVES: Parmenion, Indosuez WM, Deutsche Bank
Platform hires ex-Openwork chief commercial officer, as wealth firm names Singapore executive director
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India eyes crypto ban
But it is considering the introduction of a national digital currency
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Chinese HNWs flock to the UK
Britain is one of the ‘most secure jurisdictions in which to hold assets’
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LGT opens wealth management office in Japan
Company’s ‘expertise’ in ESG ‘will be of value’ to investors across the country
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PEOPLE MOVES: Close Brothers AM, Credit Suisse, Openwork
CEO steps down from UK advice firm, while banking group makes c-suite changes in Asia
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Half of Hong Kongers and Singaporeans have no financial plan
More education ‘is required to address this wealth imbalance and ensure that no one gets left behind’