up to 50m of devere client money trapped
The deVere Group has confirmed that approximately $50m of its clients’ money was invested in the now suspended Strategic Growth Fund.
blacktower launches first fund with cheviot
Blacktower Financial Management (International) has launched what group managing director John Westwood says is the company’s “first” investment fund, in partnership with Cheviot Asset Management.
United Kingdom | 23 May 13
jp morgan intl bank fined 3m by fca
J.P. Morgan International Bank (JPMIB) has been fined more than £3m by the UK’s Financial Conduct Authority.
United Kingdom | 22 May 13
london capital reports success with
London & Capital, the London-based wealth management firm, said a new division launched last year to cater for high-net-worth immigrants to the UK is off to an “impressive start”.
Middle East | 22 May 13
emirates nbd unveils rise effort
Emirates NBD, the Dubai-based banking group that is said to be the Gulf’s largest in terms of assets, has unveiled an initiative aimed at giving small- and medium-sized business owners in the UAE “a comprehensive platform” on which to help their businesses to grow.