Landsbanki depositors to receive further 25%
Landsbanki Guernsey depositors have been told they will receive a further 25% of their money back by early next year at the latest.
News
-
-
BNY Mellon snaps up Insight for £235m
Insight Investment has been sold to BNY Mellon in a £235m deal by parent company Lloyds Banking Group.
-
International life sector braces for consolidation after Friends Prov takeover
Friends Provident International (FPI) has suggested a fresh round of consolidation in the offshore life industry may begin in the next 18 months as new owner Resolution seeks out more takeover targets
-
UK agrees tax evasion deal with Liechtenstein
UK authorities have agreed an unusual deal with Liechtenstein that offers British tax evaders with accounts there limited penalties in exchange for accounts disclosure.
-
Slow recovery means stage is set for fixed income
Gregory Turnbull-Schwartz, fixed income manager for Aegon Asset Management, argues that conditions will remain right for investment grade debt for some time to come, contending runaway inflation is un
-
New European IFA association sets out its goals
Helping IFAs cope with the growing regulatory burden in the EU will be a “major goal” for Feifa, the new trade association for financial advisers based in Europe.
-
Friends agrees to Resolution takeover
Friends Provident is to be taken over by Clive Cowdery’s Resolution Holdings after the board of FTSE 100 insurer backed the Guernsey-domiciled investment vehicle’s latest 1.86bn bid.
-
Canada Life Int’l adds protected gold fund, extends extra allocation offer
Canada Life International (CLI) has added a new capital protected version of the Julius Baer Physical Gold Fund to its offshore bond proposition.
-
EU expansion for Equiom with Cyprus operation
Equiom, the Isle of Man headquartered trust company, has opened a Cyprus operation.
-
BLME launching shariah-compliant money market Sicav for professional investors
Bank of London and the Middle East (BLME) has launched what it says is Europe’s first Shariah-compliant money market fund.
-
Financial Partners splits to survive recession
Financial Partners, the offshore financial adviser with over US $1bn under advice, has sold its Japanese operation and is splitting into a network of independent regional businesses in a cost-cutting
-
RBC cees unveils brace of Guernsey QROPS
Guernseybased RBC Corporate Employee & Executive Services (cees), part of Royal Bank of Canada, has launched two QROPS offering varying degrees of investment flexibility and benefits.