higher interest account from skipton international
Guernsey based Skipton International has launched a new business bank account which offers a higher interest rate in return for a longer deposit commitment.
News
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new co heads for bnp paribas wm
BNP Paribas Group has appointed Vincent Lecomte and Sofia Merlo as co-heads of its wealth management business.
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fsa fines former ubs adviser 150000
The UK Financial Services Authority has banned and fined a former client adviser at UBS £150,000 for breaching Principle 1 of its code of conduct and failing to act with integrity.
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allianz worldwide care launches escort service
International health insurer Allianz Worldwide Care has launched a medical escort service, to add a transportation option to its coverage of insured individuals who are away from their home countries and require medical evacuation.
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santander pb boosts corp deposit options
Santander Private Banking in Jersey is introducing new, competitive fixed rates and other deposit account options, for use by corporate clients and professional intermediaries.
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old mutual selling three nordic ops
Old Mutual, the parent of Skandia International, is to sell its Nordic Skandia businesses to Skandia Liv for £2.1bn, to cut its debt.
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canaccord to buy collins stewart for 250m
Collins Stewart Hawkpoint is to be bought by Canadian brokerage firm Canaccord, in a deal expected to be worth £250m.
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intl money laundering gang jailed
Four men who created a tangled web of financial transactions across the globe in an attempt to launder $15.5m stolen 11 years ago from a German bank have been jailed.
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bogus facebook adviser fined hkd20000
An unlicensed adviser was today fined HK$20,000 and given a community service order of 80 hours, for advising on securities via the social networking website Facebook.
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irs announces new fatca form
The Internal Revenue Service said that it plans within days to release new forms intended to enable Americans to begin complying with some of the new reporting requirements being brought in by the Foreign Accounts Tax Compliance Act.
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state street rapped in singapore
State Street Global Advisors has been reprimanded by the Monetary Authority of Singapore, for supplying inaccurate information in relation to the performance of an exchange traded fund.
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wagstaff joins henderson as global head
Paul Feeney has taken on Phil Wagstaffs role as chief executive of Skandia Investment Group, following the latters departure after just two weeks to Henderson Global Investors.