United Kingdom | 28 Nov 16
Ex-Providence director cleared of fondling waitress
Steve Dewsnip, one of the former directors of the collapsed Guernsey-based Providence Investments Funds, has been cleared sexually assaulting a waitress at Wembley Stadium.
Best Practice | 28 Nov 16
Barclays launches online investment service
British bank Barclays has launched an online investment service in an effort to help plug the savings and advice gap.
Lombard International granted Singapore licence
Lombard International, the global wealth structuring solutions provider, has been granted a Financial Adviser’s licence by the Monetary Authority of Singapore (Mas).
Aberdeen’s profit slides as net outflows continue
Aberdeen Asset Management has reported £32.8bn ($40.9bn, €38.6bn) in net outflows for the year to 30 September 2016 after negative economic and political news “weighed on investor sentiment”, according to chief executive Martin Gilbert.
Bank of Singapore buys Barclays wealth unit for 30% less
Bank of Singapore (BoS), a subsidiary of one of Singapore’s largest banks, has completed the acquisition of the wealth and investment management business of Barclays in Singapore and Hong Kong.