Emerging Markets | 27 Mar 13
Emerging mkt billionaires up with old wealth
Business people in the emerging markets of Africa, Central and Eastern Europe and the Middle East have joined the ranks of global billionaires, according to a new study by Forbes Insight and Societe Generale Private Banking.
credit suisse acquires morgan stanleys emea
Credit Suisse is to acquire Morgan Stanley’s wealth management businesses in Europe, the Middle East and Africa under an agreement signed today.
People Moves | 27 Mar 13
deutsche names rafik nayed vice chair
Deutsche Bank has announced today the appointment of Rafik Nayed, a former acting chief executive officer of the Libyan Investment Authority, to the post of vice chairman for its Middle and East North Africa operation.
Tax & Regulation | 27 Mar 13
hmrc continues tax cheat fight as it claims court
A new unit has been established by HM Revenue & Customs to scrutinise the financial affairs of individuals and companies who have evaded tax for up to five years.
North America | 27 Mar 13
vistra opens office in san francisco
Vistra, the Geneva-based corporate trust and fund admin services provider, has opened an office in San Francisco, as it looks to expand further into the North American market.