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.
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.
Tax & Technical | 27 Jun 11
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