aviva sells life arms in eastern europe
Aviva plans to sell its Czech Life, Hungary Life and Romania Life & Pensions businesses to US insurance giant Metlife, according to a London Stock Exchange announcement.
Middle East | 30 Jan 12
qatar and luxembourg forge closer ties
The Qatar Financial Centre Authority and Luxembourg for Finance held a joint seminar in Doha yesterday, to explore ways the two countries can work together.
North America | 30 Jan 12
us seen bowing to pressure on fatca
Bowing to pressure from foreign governments, financial institutions and expatriate Americans around the world, the US is seen to be planning to make significant changes to its unpopular FATCA reporting requirements, which are due to take effect in 2013.
Tax & Regulation | 30 Jan 12
three jailed for E22m swiss bank fraud
Three British men have been jailed for defrauding Swiss private bank EFG of 22m.
investors ditch mutual funds
European investors sought no shelter for their cash in mutual funds in 2011, with outflows for the year totalling 119bn across equity, bond and money market funds.