HSBC to offer banking services in IoM Post Offices
HSBC is to provide local banking services in Post Office branches in five locations on the Isle of Man, the Isle of Man Today website reports.
News
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Threadneedle completes Sicav restructuring ahead of international push
Threadneedle, the UK fund manager, is to extend its distribution into new Asian and European markets following completion of the restructuring of the World Express Sicav fund range.
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Aberdeen Asset Management establishes office in Sao Paulo
Aberdeen Asset Management has established an office in Sao Paulo, Brazil, and is moving its emerging markets equities investment manager, Nick Robinson, there to head it up.
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Leeds Building Society in Gibraltar offers expats UK depositor protection and euro savings accoun
Leeds Building Society has unveiled a new range of euro-denominated savings accounts aimed at Gibraltarians and UK expatriates living in Spain. In the process, it has revealed a way some expats may ob
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HMRC issues fresh guidance on Liechtenstein
HMRC has issued fresh guidance over the suitability of using the Liechtenstein Disclosure Facility (LDF) versus New Disclosure Opportunity (NDO) after complaints that a lack of clarity could lead tax
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Skipton Intl opens doors for first time today in Guernsey as Scarborough CI enters history
Guernsey residents are waking up to find a new name on their high street today, as Skipton International opens its doors.
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PJ Hayman unveils first-ever international medical tourism insurance
PJ Hayman, the specialist travel insurance provider, has introduced coverage that pays policyholders for medical costs and other expenses that arise from their elective treatment abroad.
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UK tax authorities to investigate Lloyds offshore operations after BBC report
Lloyds Banking Group is to be investigated by UK tax authorities following allegations by a BBC Panorama programme that it was encouraging wealthy individuals to avoid taxes by investing offshore.
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Habits of the world’s “future wealthy” identified in report
The Indian Sub-continent is home to the most financially ambitious of the worlds future wealthy, with people there believing they need to accrue more than $9m to achieve their goals, a study has fo
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Survey: Hong Kong and Singapore join London and New York as ‘global leaders’
Hong Kong and Singapore have joined London and New York as “global leaders” in the financial centre firmament, according to the authors of a recent ranking of world financial centres.
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Guernsey funds drop again
Guernseys funds sector is continuing to feel the pinch from the economic downturn, with net asset value in closed and open-ended locally domiciled structures having fallen more than 21% at the end of
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Ucits IV: after the dust has settled
Christian Elsmark, managing director, Europe, for Scottish Widows Investment Partnership (SWIP) argues that the advent of the Ucits IV fund regime should bring lower costs and increased choice to inve