Offshore bonds and Qrops drive jump in STM profit
STM Group, a specialist financial services group, said a focus on building up its international pensions and life assurance products business helped it post a near 60% rise in net profit for the year to 31 December 2015.
Barclays to sell its stake in Africa bank
Barclays Bank has announced its intention to sell its 62.3% stake in its African business, Barclays Africa Group Ltd (BAGL) over the next two to three years as it faces regulatory pressure over capital requirements and FX erosion.
Three key differences between old and new fund – Pidcock
Fund manager Jason Pidcock’s new Jupiter Asian Income Fund launches on Wednesday, following a forced leave of absence engendered by his departure from his former employer, Newton Asset Management.
Liechtenstein’s AAA rating affirmed
While other offshore financial centers have suffered ratings downgrades of late, Lichtenstein has had its AAA rating affirmed by Standard & Poor’s.
People Moves | 1 Mar 16
PEOPLE MOVES: Hong Kong SFC, BNP Paribas IP, Credit Suisse…
Hong Kong’s securities regulator has announced a leadership change at its intermediaries division. BNP Paribas Investment Partners names a new head of emerging market fixed income, while Credit Suisse’s global head of macro products is rumoured to be departing.