Australia’s NAB restructures HNW business
The National Australia Bank Group, one of the country’s big four banks, has restructured its high net worth (HNW) business, which will see its private banking arm renamed NAB Private.
Tax & Regulation | 11 Apr 16
IoM shares beneficial ownership data with the UK
The Isle of Man is to set up a central database of beneficial ownership information that it will share with law enforcement agencies in the UK.
Tax & Regulation | 11 Apr 16
Nutmeg embraces US expats after Fatca reporting overhaul
Investment platform Nutmeg has confirmed it will make its services available to US citizens living in the UK, despite the growing number of wealth managers exiting the market due to the increased regulatory requirements relating to the Foreign Account Tax Compliance Act (Fatca).
Macro Views | 11 Apr 16
BlackRock’s Fink sounds warning on negative rates
The move to negative rates by central banks has potentially dangerous financial and economic consequences – especially for retirement savers, says Larry Fink.
Baring AM: Indonesia equities to outperform
Indonesia’s equity market is likely to outperform other ASEAN countries, said Soohai Lim, director of Asian equities at Baring Asset Management.