Industry
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
Private bank to close Dubai operation
All clients with relationship managers in the UAE ‘will now be looked after by the London office’
UK financial planner secures private equity backing
It plans to enter DFM space and offer buy-out programme to appointed representatives