Companies
Quilter Cheviot targets Middle East with Dubai office
Discretionary fund manager Quilter Cheviot, which was acquired by Old Mutual Wealth in Q1 of this year, is to open a branch office in Dubai.
JTC buys Kleinwort Benson funds admin business
JTC has acquired Kleinwort Benson’s fund administration business in South Africa and the Channel Islands, which it says will boost its global headcount by 40% to 450 people.
Elian launches New York office
Global corporate services provider Elian has opened an office in New York, with plans to target intermediaries and clients across the Americas.
Ex-director extradited to UK after £3.5m fraud
A former UK company director who produced false documents designed to deceive creditors into financing his firm is facing extradition and a prison sentence after he fled to South Africa.
New independent advisory firm launches
A group of City heavyweights with a track record in pensions and institutional investment has launched a new financial advisory firm called City Noble, which aims to deliver impartial advice to trustees and institutional investors.