Companies
Guernsey regulator fines and bans directors for incompetence
Two current and one former director of Guernsey-based Capital Solutions Limited have been fined and banned by the island’s regulator for serious lack of competence and judgment.
Indosuez Wealth Mgt to buy Singapore and HK private bank
Indosuez Wealth Management has started exclusive discussions with Credit Industriel et Commercial to acquire its private banking operations in Singapore and Hong Kong.
US asset manager PGIM targets key European markets
PGIM Investments, the asset management arm of US insurer Prudential Financial, has registered a range of Ucits funds for sale in five new markets.
Coram AM buys DFM ahead of managed portfolio service launch
Coram Asset Management has acquired Bath-based Minerva Fund Managers ahead of the launch of seven model portfolios.
PEOPLE MOVES: UK govt, Killik & Co, Australian Tax Office
UK prime minister Theresa May has reshuffled her cabinet as uncertainty mounts over how long the Conservative Party can hold on to power. The deputy Australian Tax Office commissioner has resigned after being being caught up in a fraud scandal, while Killik & Co has appointed a head of wealth planning.