Companies
Citibank launches Hong Kong digital wealth platform
It is aimed at ‘digital natives’ and offers a range of mutual funds provided by key partners
Pension firm enters UK retail space with portfolio service
It previously only offered investment advice to large institutional clients
South Africa sets up high net worth tax unit
It ‘mirrors similar initiatives in US and a number of European territories’
PEOPLE MOVES: FCA, Ascentric, HSBC
UK financial regulator makes c-suite changes, while wealth platform names CEO
SJP to shed 200 jobs and scale down Asian adviser recruitment
As it targets £200bn funds under management by 2025