difc appoints mashreq bank head as board chairman
The Dubai International Finance Centre has appointed Aziz Al Ghurair as chairman of the DIFC Authority board of directors.
Regions
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aes international invites uae advisers to join
London-domiciled advisory company AES International is inviting advisers in the United Arab Emirates to join its Dubai-based operations through its network model.
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genii capital opens in geneva
International investment management and financial advisory firm Genii Capital has launched a new office in Geneva, Switzerland.
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israel considering fatca deal with us
Israel is to seek a deal with the US over the pending FATCA regulations that increasingly have begun to concern Israeli banks, many of which have a large number of American clients, an Israeli media organisation is reporting.
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hong kongs wealthy hesitate to have babies
A majority of Hong Kongs wealthiest individuals say they do not plan to have any children in the future, a South China Morning Post survey has revealed.
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burma stock exchange planned for 2015
Burma is to get a new stock exchange, after the Tokyo Stock Exchange and Daiwa Securities received preliminary approval to help set one up.
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bny mellon appoints singapore branch manager
BNY Mellon has named Chong Jin Leow as the new general manager of its Singapore branch.
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hsbc in talks about sale of its korean business
The Hongkong and Shanghai Banking Corporation Limited (HSBC), the wholly-owned subsidiary of HSBC Holdings plc, has confirmed that it is in discussions concerning a possible sale of its retail banking and wealth management business in Korea to The Korea Development Bank, a member of the KDB Financial Group.
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allied irish bank to close jersey and isle of man
Allied Irish Bank continues to scale down, with plans to close its Isle of Man and Jersey-based operations by the end of 2013.
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nikko am first asian investment firm to join
Investment giant, Nikko Asset Management, has become the first representative from the Asian investment industry to join the newly formed global trade organisation, ICI Global.
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vistra acquires dutch trust company trc
Vistra, the Geneva-based fiduciary and corporate services provider, today said it had acquired Netherlands-based TRC Trust.
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feifa creates conduct code for members
In a move aimed at boosting industry standards, the Federation of European IFAs (FEIFA) is raising the bar for its 31 existing member firms, with a new code of conduct.