Tax & Regulation | 27 Sep 13
too big to fail banking reform is wrong says mas
Jurisdictions across the world are inconsistently trying to reform banking structures in a bid to end the “too big to fail” issue, Monetary Authority of Singapore managing director Ravi Menon has said.
North America | 27 Sep 13
professional forum for advisers with us clients
A professional forum has been created for accountants, lawyers, wealth manager and others to have a social platform to deal with the unique issues faced by Americans who live in the UK.
lm founder drake to surrender passport
The Supreme Court of Queensland has ordered the surrender of the passport of LM Investment Management founder Peter Drake, restrained his travel out of Australia and frozen his assets, as the Australian Securities & Investments Commission (ASIC)’s investigation into the fund management firm continues.
schroders launches european long short credit fund
Schroders is to launch an externally-managed fund this November which focusses on European corporate credits and financials.
United Kingdom | 26 Sep 13
barclays withdraws wealth management services
Barclays is to reduce the number of markets in which it provides wealth management and investment services from around 200 to 70 by the end of 2016 in a bid to "reduce the complexity" in its business and stick with the markets that it claims still hold over 80% of the world's wealth.