Companies
HSBC buys India-based investment manager for $425m
As part of its strategy to become ‘a leading wealth manager in Asia’
PEOPLE MOVES: Julius Baer, Chesnara, Deutsche Bank
Bank makes c-suite change, as life consolidator hires head of strategic development and investor relations
US in the news: MAI Capital Management buys Maryland wealth firm
A round-up of people moves and M&A deals across North America
Guernsey trust company and directors fined £400,000
They ‘failed to monitor and manage the financial crime risks associated with its customers’
XPS Pensions buys firm to develop its Sipp business
Its 22-strong team will join the group