Zurich to downsize UK workforce
Zurich is to significantly reduce the size of its UK life business, with around 90 jobs earmarked for the chop.
News
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dubai fsa issues email scam alert
The Dubai Financial Services Authority today warned investors to be on the lookout for a fraudulent email scam which uses an email address purporting to be that of Abdullah Mohammed Saleh, who is governor of the Dubai International Financial Centre (DIFC).
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kleinwort benson hires head of international
Kleinwort Benson has appointed Valentina Tacchino as head of private wealth management, international.
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advisers concerned about complexity of products
Research has revealed that UK-based advisers are becoming increasingly concerned about the complexity of products being designed by providers to entice clients to use their services.
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step to pioneer global tax exam
The Society of Trust and Estate Practitioners (STEP) is unveiling its first ever advanced qualification aimed at advisers who need to understand the intricacies of international tax planning from a UK perspective.
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rothschild and rockerfeller in partnership
The Rockerfeller and Rothschild families are joining forces to design investment solutions for clients and investors on either side of the Atlantic.
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oddo am continues expansion with plans
Oddo Asset Management is to open an office in Frankfurt in May and has hired Evelyn Muth from Fidelity to lead its German and Austrian expansion.
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confusion as french trust law filing date
Financial advisers in France report that a state of confusion exists in fiduciary companies and among accountants specialising in trusts, as the date for declaring an interest in trusts 15 June approaches.
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eaton vance unveils new em and global funds
Eaton Vance is bringing an emerging market and a global fund into Europe through a Dublin-domiciled range.
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shareholders pressure kleinwort benson parent
The parent company of Kleinwort Benson, Brussels-based RHJ International, is being put under pressure from shareholders to break up and sell off its assets.
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european firms baulking at chinas rising costs
More than one in five European companies say they are considering shifting their investments from China to other markets, even though they concede that the country remains a key market for them, a survey by the Beijing-based European Union Chamber of Commerce reveals.
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faddy moves to credit suisse singapore role
Well-known Asia industry figure Chris Faddy has joined Credit Suisse as managing director and head of non-Japan Asia distribution for asset management.