three jailed for fraud on majorca expats
Two men and a woman were jailed for prison terms of up to nine years for their roles in an investment fraud conducted against expatriates in Majorca.
Two men and a woman were jailed for prison terms of up to nine years for their roles in an investment fraud conducted against expatriates in Majorca.
Barclays has confirmed it is being investigated by the Serious Fraud Office over payments it made to the Qatar Investment Authority.
Standard Life has restructured its business, in the latest in a series of moves designed to shift the companys focus towards growth areas it has identified.
The FSA has published proposals to ban the promotion of Unregulated Collective Investment Schemes (Ucis) to the vast majority of retail investors in the UK following a consultation on the products.
Jersey Finance chief executive Geoff Cook has proposed that the banking industry put an end to so-called free banking services, as part of a seven-point plan he believes would help to “rebuild public trust in banks, while at the same time creating a sustainable banking model.
Offshore bonds are available on nearly two thirds of the 24 platforms surveyed by Defaqto for its new star ratings based on the range of features offered.
The Chartered Institute for Securities & Investment (CISI) and the Financial Industry Regulatory Authority of the USA (FINRA) have unveiled an agreement to cooperate on exams and membership, in response to a need they say has been created by the UK’s Retail Distribution Review.
Manchester United is on track to become a publicly quoted company tomorrow on the New York Stock Exchange after abandoning earlier attempts to float in Singapore and Hong Kong.
Gam Group has completed the acquisition of three quarters of absolute return specialist Arkos Capital SA, with the expectation its products will be distributed under the Gam brand by the end of the year.
Schroders’ first half of 2012 results showed its AUM move up from where they were at the end of last year, to £195bn.
UK-based asset management company Jupiter has announced plans to expand its Asian operations, as it reveals slowing inflows in a challenging European market.
An official in Guernseys government has resigned, in the wake of the discovery last week that fraudsters had tricked his department into paying out £2.6m by pretending to be a major contractor.