new rbc wealth strategy to target channel
RBC Wealth Management is launching a new strategy in the Channel Islands, whereby it will focus on offering its services to financial institutions rather than just to private individuals, and has named ex-HSBC Private Bank executive Adam Norris to oversee it.
Tax & Regulation | 30 Oct 12
angry spouses grass to hmrc
HM Revenue & Customs is increasingly turning to the use of informers, including former spouses, to increase tax revenue, according to UK-based law firm RPC.
Middle East | 30 Oct 12
harrods bank ready to expand under qatari owners
Qatar Holding, the new owners of Harrods Bank, are ready to “take full control of the luxury store’s private banking arm”, according to a report in London’s Daily Mail.
People Moves | 30 Oct 12
royal skandias denton departs
David Denton, who has been head of European sales at Royal Skandia for more than 13 years, has left the company, as part of the recently-announced consolidation of the Skandia businesses into Old Mutual Wealth by Skandia parent Old Mutual Group.
axa launches global flex multi asset funds
Axa Investment Managers has bolstered its multi-asset range with the addition of two Luxembourg-domiciled funds.