United Kingdom | 10 Dec 14
Decision against reckless Holborn IFA delayed
The date of a hearing which will make a final decision on the action taken against a financial adviser who “recklessly” sold high risk investment products to clients in the UK has been pushed back to next year.
FM Group launches firm in Nairobi
The FM Group has established a new advisory business in Nairobi to develop its regional presence in East Africa.
Coutts Co fined in Singapore
Coutts & Co. has been fined by the Monetary Authority of Singapore for allowing an employee to conduct fund management activities without the required authorisation.
Middle East | 10 Dec 14
DIFC hosts Hong Kong delegation
The Dubai Financial Services Authority has hosted a delegation of government, financial and business leaders from Hong Kong.
People Moves | 10 Dec 14
Two CEOs replace head of RBC GAM
The head of RBC Global Asset Management (RBC GAM) has stood down from his role as chief executive and is to be replaced by two co-CEOs.