hsbc sells thai wm arm to krungsri
HSBC has entered an agreement to dispose of its Thailand-based retail banking and wealth management arm, and expects the deal to be completed in the first half of 2012.
Regions
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swiss bank to target expats in uae
A Swiss private bank is reported to be developing a pension scheme specifically designed to manage retirement savings for expatriates working in the United Arab Emirates.
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jersey hints at collaboration with guernsey
Jerseys assistant chief minister, Philip Bailhache, has hinted at the possibility the island intends to open another joint Channel Islands office with Guernsey.
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court blocks marrache brothers bid to leave
Gibraltars Supreme Court yesterday refused an application by one of three defendants in a multi-million pound fraud case to leave the peninsula, a local newspaper has reported.
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morgan stanley sells quilter to bridgepoint
Morgan Stanley Smith Barney has agreed the sale of wealth management firm Quilter to the private equity investor Bridgepoint.
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pimco launches new company in germany
US investment management giant Pimco has bolstered its European presence with the launch of a new company in Germany.
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europe bond funds post biggest weekly
Europe bond funds posted their biggest weekly inflows in more than two years last week, as sentiment towards the eurozone turned less negative on hopes it may at last get to grips with its debt problem.
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saudi bourse to permit foreign listings
Saudi Arabia said it will permit foreign companies to list on its stock exchange for the first time, in what is seen as a first step toward opening up its famously-closed investment market to outsiders.
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Iveagh launches into northern ireland
The Guinness family office, Iveagh, has begun distributing its range of funds in Northern Ireland.
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expats in spain are happiest
British expatriates living in Spain are the happiest of all expatriates surveyed in a poll by Lloyds TSB International.
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funds up but regulation a worry alfi
The number of funds domiciled in Luxembourg and net sales both increased during 2011, according to the latest annual review by the countrys mutual fund trade body.
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devere expands eastern european operations
The deVere Group, days after announcing plans to open a new office in Lisbon, Portugal, has announced it is to open two further new offices in Ukraine and Hungary.