Barclays announces investment bank cutbacks, Asia hard hit
British bank Barclays has announced its investment banking arm is to close offices in nine countries across Asia, the Americas and EMEA.
AJ Bell to launch passive funds after buying investment firm
Platform provider AJ Bell is set to launch its own range of funds after agreeing to acquire a small London-based investment management business for an undisclosed sum.
People Moves | 21 Jan 16
PEOPLE MOVES: Sanlam, Aviva, First Names Group…
Several senior appointments and a departure were announced this week at Sanlam, while Aviva Investors lined up new leadership for liquid markets. First Names made two Isle of Man appointments, with two new appointments to AIC’s board also announced.
Swiss sign ‘FATCA on steroids’ deals with Crown dependencies
Switzerland has signed joint declarations on the automatic exchange of information (AEOI), described as “FATCA on steroids”, with Jersey, Guernsey, and the Isle of Man.
St James’s Place posts record fund inflows for 2015
St. James’s Place (SJP), one of the UK’s largest wealth managers, saw a 14% rise in net fund inflows last year to a record £5.78bn despite the volatility across global financial markets.