United Kingdom | 27 Mar 13
prudential fined 30m over failed aia bid in 2010
Prudential, one of the world's largest insurers, has been fined £30m by the Financial Services Authority and had its chief executive censured for failing to inform the regulator over its failed bid to purchase AIA.
Middle East | 26 Mar 13
islamic banking assets in gcc jump
Islamic banking assets with commercial banks in the Gulf Cooperation Council region leapt 14% in 2012, paced by Qatar, according to Ernst & Young’s Global Islamic Banking Center.
Middle East | 26 Mar 13
mondial launches indian jv with mumbai firm
Wealth management company Mondial has established a joint venture company in India with Mumbai-based Padmakshi Pvt, with the intention of accessing the burgeoning market for financial advice in the fast growing and increasingly wealthy country.
fpi makes 37m loss as changes model
Friends Provident International made a pre-tax loss of £37m in 2012, due to £82m of one-off restructuring related charges.
challenges face expats hoping to stay
The struggles Asian immigrants often face in obtaining legal residency in countries like the UK and US are well documented, but expatriates from these countries can face similar battles in their efforts to remain in China, an expat with experience of the difficulties has revealed.