United Kingdom | 22 Jul 14
Ex JPM Cazenove chairman fined 450k by FCA
The Financial Conduct Authority has fined the ex-chairman of JP Morgan Cazenove, Ian Hannam, £450,000 for two instances of market abuse.
HK investors to increase Asian allocation
Hong Kong investors are planning to increase their investments into Asia over the next six months as Chinas perceived investment potential soars amid concerns of economic slowdown and reform.
Fines weigh heavy on Credit Suisse earnings
Despite improved cost control and an increase in assets under management, the groups wealth management division saw earnings fall.
Skandia targets Asian HNWs with JLT partnership
Skandia International is targeting high net worth Asian investors in a two-pronged strategy which sees it partner with Jardine Lloyd Thompson Asia and launch a variable universal life product.
Singapore to regulate non conventional
The Monetary Authority of Singapore has announced a set of measures to offer enhanced protection to investors, which includes bringing some non-conventional investment products under its regulatory purview.