Companies
Bank of Singapore to open Luxembourg wealth manager
The private banking arm of OCBC Bank has received regulatory approval to launch a wealth management subsidiary in Luxembourg.
Zurich disputes UAE life insurance cost disparity claims
Zurich Insurance has played down grumblings from some IFAs in the UAE that they are not being treated fairly by the firm’s strategy of distributing its life products through both bank and financial adviser channels.
FNZ to acquire €31bn German platform
White label investment platform technology provider FNZ has snapped up German platform Ebase.
UK funds invest £650m in Trump detention camps
St James’s Place, Neptune and Aviva Investors are among asset managers with £657.7m ($869m, €744m) in three companies connected with US detention camps holding immigrants and their children.
China’s Anbang eyes sale of Belgain insurer
Troubled Chinese insurance giant Anbang is reportedly exploring options to sell Belgian insurer Fidea.

