Abbey International unveils two savings products
Abbey International, the Jersey-based arm of Santander’s Abbey National banking group, has launched two products — a new issue of an earlier base rate tracker account in a one-year, sterling version,
Assurance given that Privy Council to move on Jersey foundations
Jersey officials have been given a strong indication that that their new foundations law will go before the Privy Council in London on 10 June.
KKR to open office in Dubai
Kohlberg Kravis Roberts (KKR) is to open an office in Dubai, to be operated through a newly-formed subsidiary.
FSA announces review of structured products
The UK Financial Services Authority said it is to look into the way structured products are sold in the UK, as it follows up on consumer complaints about such plans that had been backed by Lehman Brothers, the US investment bank that collapsed last year. In a statement, the City watchdog said it and the Financial […]
Lehman’s global asset management arm rises from the ashes
New York-based Investment manager Neuberger Berman has formed a European arm with the successful acquisition of Lehman Brothers Asset Management from the entities in administration.