The UK Financial Services Authority said it is to look into the way structured products are sold in the UK, as it follows up on consumer complaints about such plans that had been backed by Lehman Brothers, the US investment bank that collapsed last year. In a statement, the City watchdog said it and the Financial…
New York-based Investment manager Neuberger Berman has formed a European arm with the successful acquisition of Lehman Brothers Asset Management from the entities in administration.
Zurich has launched a portfolio bond from its Dublin operation. The International Portfolio Bond (IPB) will initially be targeted at the UK high net worth market but Zurich said it could later be p
One of the biggest surprises for many Kaupthing, Singer & Friedlander Isle of Man depositors who lost access to their savings when the bank collapsed last October has been the lack of sympathy…
London & Colonial, a Gibraltar based insurer, has signed a distribution deal with UK offshore pension specialist the Organon Group through which its pension and investment services will be wrapped wit
BNY Mellon Asset Management is launching a Dublin-domiciled global emerging market equity fund.
Offshore bank account holders have been criticised of late for choosing to deposit their money in so-called tax havens. However, there are many legitimate reasons to bank offshore and here we explore
The anti-money laundering unit of the Malta Police, along with a number of UK and European law enforcement bodies, was involved in an investigation that led to the arrest in the UK on Wednesday of sev
Mufti Talha Ahmad Azami, associate Sharia manager BMB Islamic, a global player in the Shariah advisory sector, outlines the guiding principles of Islamic finance.
Saxo Bank, the online trading platform for private, professional and institutional investors, is to open an office in the Dubai International Financial Centre (DIFC).
The Association of Independent Financial Advisers (AIFA) has today unveiled a paper on the future of financial regulation in the UK that it intends as a starting point for industry discussion. It i
The merging of Clerical Medicals intermediary business with Scottish Widows will see Clerical Medical International (CMI) disappear as a brand, though there will be no change to its Isle of Man admi
