People Moves | 16 Mar 12
stan chart banker quizzed on 50m client theft
Police in China have detained a Shanghai-based private banker at Standard Chartered, in relation to a wealthy client who allegedly stole money from Agricultural Bank of China.
Investment | 15 Mar 12
ossiam adds em to its european etf range
Natixis-owned exchange traded fund provider Ossiam will list an emerging markets version of its minimum variance family of ETFs on exchanges across Europe next week.
mifid II risks unintended consequences says ailo
The Association of International Life Offices has written to the European Parliament’s Economic and Monetary Affairs Committee, to warn over potential unintended consequences stemming from the interaction between Mifid II and other European Union financial services legislation.
United Kingdom | 15 Mar 12
rdr driving shift to dfms defaqto
With the implementation of the Retail Distribution Review set to take place at the start of next year, two-fifths of platform users in the UK are outsourcing some or all of their investment process, according to a survey of 345 people by independent research company Defaqto.
People Moves | 15 Mar 12
vontobel hires schubiger to head private banking
Swiss bank Vontobel has appointed a new head of its private banking business, as it seeks to target key markets including Eastern Europe and Russia.