STM Group agrees revised offer to sell business
Potential acquirer has until 8 September to place a firm bid
STM Group
-
-
STM Group agrees to ‘possible cash offer’ to sell business
Discussions about a deal ‘are at a very early stage’
-
33% rise in pre-tax profit for STM Group
‘New business growth has not been at the speed or levels that I would have wanted or expected’, says CEO
-
STM life subsidiaries suffer regulatory setback
But group states that ‘no action has been taken’ by the Gibraltar watchdog
-
PEOPLE MOVES: MFSA, Nomura, Marlborough
Malta regulator names CEO, as bank expands Asia wealth operation
-
PEOPLE MOVES: STM, Brooks Macdonald, LGT
Financial services group names global head of business development, while wealth manager makes senior hires
-
PEOPLE MOVES: Saltus, Butterfield, Brown Advisory
Wealth firm makes c-suite change, as banking group names managing director of Jersey
-
PEOPLE MOVES: Invesco, Julius Baer, Societe Generale
Head of multi asset retires from investment firm, while wealth manager reshuffles Americas team
-
‘Slower than anticipated’ business sees revenue dip at STM Group
As firm eyes strategic partnerships in the UK
-
STM bolsters UK pension arm with £3.3m acquisition
‘Sipp marketplace continues to see change and out of this comes opportunity to differentiate our proposition’
-
STM sets aside £21.4m for ‘Carey-like’ cases
While chief financial officer steps down after eight months in the role
-
Carey Pensions appeal rejected by UK Supreme Court
Decision will ‘have implications for the financial services industry’