Most euro offshore accounts paying less than ECB rate
Most offshore euro-denominated savings accounts are paying less than 1% interest – below that of the European Central Bank (ECB) – according to research from Investec Channel Islands.
Credit Suisse launches Mena Sicav
Credit Suisse has launched a Ucits III Middle East and North Africa (Mena) region fund in its Luxembourg Sicav.
FPI adds volatility funds
Friends Provident International (FPI) has launched a trio of funds designed for volatile stock market conditions.
HMRC wins case for access to 308 banks offshore accounts
More than 300 financial institutions have been ordered to hand over details of customers with offshore accounts after HM Revenue & Customs won so-called production orders against them.
de Vere & Partners buys Programmes for Wealth International
De Vere and Partners, the international IFA firm, has bought web-based investment broker Programmes for Wealth International (PWi), its latest acquisition following the purchase of what was Financial