Companies

Africa | 8 Jul 16

Swiss-based insurer Zurich has sold its operations in South Africa and Botswana to Canada’s Fairfax Financial Holdings for an undisclosed sum.

Asia | 8 Jul 16

The fast development of China’s financial industry and the firm’s increasing interest in A-shares calls for an on-the-ground presence that will initially be research-focused, said Frank Wheeler, global head of distribution.

Companies | 6 Jul 16

Spanish-based insurance giant Mapfre, one of Europe’s top 10 insurance companies by premium volume, has rebranded its asset management arm and announced plans to expand into third-party business.

Companies | 5 Jul 16

Swiss private banking group Julius Baer has completed its acquisition of Commerzbank International S.A Luxembourg (Cisal), a fully-licensed private bank located in the Duchy.

Companies | 4 Jul 16

Zedra, an independent trust, fiduciary, corporate and fund services provider, has agreed a deal to buy Netherlands-based Allied Corporate Services to strengthen its position inside the European Union.