Companies
The International Stock Exchange listings up 45% in 1H17
Guernsey-based The International Stock Exchange (TISE) reported a 45% increase in listings year on year at the end of June to 2,411 listed entities.
Cayman-based Bernie Madoff feeder fund author of own demise
After a 12-week trial, liquidated Cayman Islands investment fund Primeo, which invested with infamous Ponzi scheme Bernard L Madoff Investment Securities (BLMIS), was found to be “to a very substantial degree the author of its own misfortune”, a judge has ruled.
Australia’s CommBank arms combine to launch Portfolio Service
Two units of Australia’s largest bank have teamed up to launch an online portal aimed at financial advisers servicing high net worth clients.
Bupa Global data theft puts half million clients at fraud risk
A rogue Bupa Global employee is suspected of stealing the personal details of more than half a million international healthcare customers and attempting to sell the information.
Aviva sells 50% stake of Italian insurance business
Insurer Aviva has announced it will sell its stake in two of its Italian businesses to Italy’s Banco BPM, the country’s third largest lender.