Generali names Greco replacement
Italian insurer Generali has appointed Philippe Donnet group chief executive, replacing Mario Greco who departed last month to take the top job at Zurich Insurance Group.
Italy
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Jersey and Guernsey removed from Italian blacklist
Jersey and Guernsey will no longer appear on Italy’s tax blacklist, after the Italian parliament revised provisions in the country’s tax code relating to blacklists on corporate taxation and controlled foreign companies (CFC) rules.
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MoneyFarm appoints chief tech officer ahead of UK launch
Italian digital wealth management firm MoneyFarm has appointed David Jeffrey chief technology officer ahead of its 2016 UK launch.
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Italy is land of opportunity for Goldman Sachs
Goldman Sachs Asset Management is targeting Italy as its biggest growth opportunity for its Luxembourg SICAV, five years after kick-starting a strategy to work with the mutual fund distributors at a local level.
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Hermes appoints Italy director of business development
Hermes Investment Management has named Angelo Natale for a newly created role as director of business development in Italy.
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Profit and sales drop at Old Mutual International
Old Mutual International (OMI), which rebranded from Skandia International at the end of last year, saw a drop in profit and sales over 2014 as it struggled with the costs of implementing its new wealth management platform and continuing regulatory changes.
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Italy to introduce unique tax
Italy is to introduce a remarkable voluntary disclosure programme with the aim of urging taxpayers to declare foreign undisclosed assets and funds.
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Withers appoints head of financial
Withers has appointed a new partner and head of financial services and investment funds for its Milan office.
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Lombard Odier appoints Italy head
Lombard Odier Investment Managers has appointed a new country head for its business in Italy.
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investec expands european reach with Italy office
Investec Asset Management has expanded its European reach by opening an office in Italy.
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spectrum ifa group to expand italian
The Spectrum IFA Group is expanding its Italian operations, in response, it says, to strong demand for its services among expatriates.
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blackrock under fire from italian regulator
BlackRock is under formal investigation by Italian securities regulator Consob due to alleged insider trading of shares in Italian oil and gas company Saipem.