US tax investigation of HSBC clients in India or Singapore, Bloomberg reports
HSBC clients in India or Singapore are being investigated by US tax authorities, Bloomberg says.
Singapore
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Prudential lists in Hong Kong and Singapore
Prudential has finally listed on the Hong Kong and Singaporean stock exchanges.
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Singapore to impose new retail fund rules
The Monetary Authority of Singapore (MAS) is to overhaul its retail fund regulations
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Spectrum’s Galway goes to Sovereign Group in Singapore
Andrew Galway has been named Sovereign’s business development manager in Singapore.
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Ex Frontier man Liew sets up investment service
Ex Frontierinvestment strategist Simon Liew has set-up In My Opinion.
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Gibraltar QROPS administrators unilaterally hold off transfers, pending HMRC clarification
Administrators of QROPS in Gibraltar are holding off transfers of funds of UK clients into their pensions pending resolution of a tax query raised by HMRC.
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Singapore clamps down on investment sales
The Monetary Authority of Singapore (MAS) is to clamp down on the way investment products are sold and marketed.
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Asset management merger for Crédit Agricole and Soc Gen
Crédit Agricole and Société Générale are to combine their investment operations to create Europe’s fourth largest asset manager and the ninth in the world by a