Companies
Macquarie Bank London branch fined £13m by FCA over hundreds of ‘fictitious trades’
The fictitious trades cost MBL an estimated $57.8m to unwind
St James’s Place set to re-enter FTSE 100
SJP’s share price has rise more than 70% in the past six months
Zurich to ‘transform’ life protection into a global business with highest targets ever
Protection gross written premiums to reach 8% compound annual growth rate, and more capital-light unit-linked business growth
Margetts Wealth stays independent with management buy-in
The aim is to go for 20% growth over the next twelve months
Rothschild & Co officially opens wealth management office in Dubai IFC
The office is headed by Sascha Benz, a senior banker who has relocated from Rothschild & Co in Switzerland