fears rise over unemployment
Confidence among financial advisers in the UK is beginning to rise, according to Skandias latest Adviser Confidence Barometer, but so too are fears over increased unemployment and cuts to government spending.
Regions
-
-
withers to open in singapore
Withers, the international law firm, is to open a second Asian office, citing what it says is an urgent demand from institutions and individuals alike for tax and trust advice in the region.
-
zurich overtakes tokyo as worlds
Zurich has, for the first time in at least 20 years, been ranked as the worlds most expensive city in which to live, according to the Economic Intelligence Units Worldwide Cost of Living Index.
-
another Swiss firm opens in bahrain
Geneva-headquartered Altaira Wealth Management has launched a Bahrain subsidiary, Altaira Middle East BSC.
-
koster to step down at dfsa
Paul Koster will step down as chief executive of the Dubai Financial Services Authority in September, after nearly four years in the role, the DFSA has announced.
-
fatca a burden lifted
Despite revisions to the proposed FATCA rules, significant work lies ahead for firms who want to comply, write Nick Matthews and Matt Haddow of Kinetic Partners.
-
sal oppenheim opens in bremen
Cologne-based private bank Sal. Oppenheim has opened a new office in Bremen.
-
most expats living in uae ignorant of culture
More than 70% of expatriates living in the United Arab Emirates admit they know very little or nothing about the country in which they live.
-
vistra sets up in hong kong
Vistra Fund Services has launched a Hong Kong operation to service its clients based in Asia.
-
hsbc plans china expansion
HSBC has announced plans to expand its operations in mainland China, either through significantly increasing its number of branches or by raising its stake in Bank of Communications.
-
irish nationwide iom rebrands
Irish Nationwide (IOM) is to rebrand to Permanent Bank International from today, following its acquisition by Irish Life & Permanent in February last year.
-
efama calls for further refinement of fatca regs
The European Fund and Asset Management Association today called on the US to further refine the rules it is proposing for the implementation of FATCA, although it acknowledged that the most recent set of draft regulations aimed at cracking down on offshore tax evasion addressed “many” of its original concerns.