Companies
St James’s Place targets £500m cost cuts as FUM hits record £181.9bn
The aim is to achieve annual FUM growth in the ‘mid-to-high single’ digits over time
Family office service provider Octagon enters UAE market
Octagon with headquarters in the UAE, also has operations in Europe, Asia, North, South America, Southern Africa
Coinbase arm fined £3.5m for crypto related breaches
This is the first time the FCA has taken enforcement action using these powers
Revolut gains UK banking licence in ‘important milestone’
Revolut said in the statement that it now enters the ‘mobilisation’ stage
Isle of Man’s Capital International Group to acquire Martello Asset Management
The deal take the jurisdictional footprint of the Capital International Group beyond current locations in the Isle of Man and South Africa




