Progress on investment sector gender pay gap ‘slow and painful’
‘Firms have become much bolder and more innovative in their attempts to solve a long-standing problem’
News
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Fraudulent European investment platform shut down
After it scammed victims out of at least €15m, which could ‘even amount to approximately €500m’
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‘Significant amount’ of financial abuse inflicted by family members
The fact that ‘very few crimes are ever reported’ requires more attention from the industry
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Strong demand in Hong Kong for structured products
Equity-linked vehicles and collective investment schemes were the two biggest sellers in 2020
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Dubai targets family office businesses with regulatory changes
To set up platform for wealthy families to establish offshore holding companies
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Cigna sells APAC insurance operations for $5.75bn
Deal also includes the company’s interest in a Turkish joint venture
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US in the news: Stonehage Fleming bolsters management team
A round-up of people moves and M&A deals across North America
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Japan funds top performance rankings
But Latin America investments suffered biggest losses in September
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German private bank buys European rival
Merged business will have over €200bn in assets under management
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PEOPLE MOVES: Cooper Parry Wealth, WH Ireland, Openwork
UK advice firm names PFS president as chief growth officer, while wealth manager makes c-suite change
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Ethnic minorities in finance find low commitment to inclusion
Bame employees in financial services are overlooked at work and two-thirds have experienced discrimination
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HSBC targets Asia millennials
It has improved its digital investment operation with a range of initiatives