Industry
Utmost Wealth to expand worldwide with Generali acquisition
Utmost Wealth Solutions will extend its operations to Latin America, the Middle East and Far East following its acquisition of Generali Worldwide.
Bank of Asia targets high net worths from the Caribbean
The British Virgin Islands is now home to the Bank of Asia, a fully digital, cross-border bank looking to address the growing needs of offshore companies, individuals and high net worth individuals.
Standard Life Investments’ mega fund hits back at ‘sniping’
Standard Life Investment’s Global Absolute Return Strategy (Gars) has admitted prepping too early for the end of the cycle and vented about the level of media attention on its multi-billion pound outflows.
Allianz acquires Nigerian insurer
Germany’s Allianz has completed the acquisition of Ensure Insurance in Nigeria, taking its presence up to 17 countries across Africa.
UAE advisers may be next for a cold-calling ban
Financial advisers in the Emirates could be caught in a ban on telesales, if a ruling by the country’s property regulator is copied for financial services.