Industry
Credit Suisse surprises with ‘better than expected’ Q1
Credit Suisse has reported its adjusted pre-tax profits were up 36% at CHF1.2bn (£878.5m, $1.23bn, €1bn) for the first quarter, thanks to wealth management division inflows.
UK inheritance tax receipts reach record £5.2bn
The UK government hauled in £5.2bn ($7.2bn, €5.9bn) of inheritance tax receipts during the 2017/18 tax year, a figure 8% higher than the previous year.
7IM gets regulatory approval to set up Jersey office
Seven Investment Management (7IM) has received approval from the Jersey Financial Services Commission (JFSC) to open an office on the island.
Is there a new life policy consolidator on the block?
Companies struggling to cover long-term life policy payments could soon have another buyer in the market, following reports that British pensions specialist Clive Cowdery is setting up a fund to do just that.
Guardian Wealth to pay £100k to settle Qatar liquidation
The Qatar International Court has ruled that Guardian Wealth Management Qatar is to pay its joint liquidators an additional £100,806.25 ($140,708, €115,163) in fees for work related to the company’s exit from the country.