Business executives and wealthy individuals travelling to Canada, Finland, Iceland and Uruguay probably have little to worry about, in terms of their personal safety. But what about those planning a visit this year to Russia, Mexico, China or even London, during this summers Olympics?
Cologne-based private bank Sal. Oppenheim has opened a new office in Bremen.
More than 70% of expatriates living in the United Arab Emirates admit they know very little or nothing about the country in which they live.
Vistra Fund Services has launched a Hong Kong operation to service its clients based in Asia.
HSBC has launched high net worth (HNW) and institutional share classes for its Next Generation Fund, which invests in “new and upcoming hedge fund managers” and targets an annualised return of 12% to 15%.
Wealth manager and investment strategist RSM Tenon has appointed former chief executive of Matrix Group, Chris Merry, as its new CEO, charged with returning the company to profitability.
HSBC has announced plans to expand its operations in mainland China, either through significantly increasing its number of branches or by raising its stake in Bank of Communications.
Allianz Global Investors is to rename its offshore and onshore funds, in the process removing the RCM brand it acquired in 2001.
Irish Nationwide (IOM) is to rebrand to Permanent Bank International from today, following its acquisition by Irish Life & Permanent in February last year.
The European Fund and Asset Management Association today called on the US to further refine the rules it is proposing for the implementation of FATCA, although it acknowledged that the most recent set of draft regulations aimed at cracking down on offshore tax evasion addressed “many” of its original concerns.
The value of initial public offerings in the Gulf region fell by 79% year-on-year in the last quarter of 2011, according to a PwC report.
The trend of net monthly Ucits fund outflows amounting to billions of euros in the past calendar year lessened towards the end of 2011, with bond funds seeing net inflows in December for the first time since the summer.
