Industry
SMP Partners buys Royal Bank of Canada offices in Caribbean
Isle of Man headquartered SMP Partners Group has acquired offices in the Cayman Islands and Barbados following completion of its purchase of Royal Bank of Canada’s trust, fund administration and custodian business in the Caribbean.
Ex-deVere South Africa manager wins court payout
A sacked area manager of deVere Investments South Africa who faced off against group chief executive Nigel Green in court has been awarded a ZAR3.7m (£217,380, $276,020, €252,420) payout.
People Moves | 15 May 17
Ohanessian reinstated as Praemium chief exec after board purge
Michael Ohanessian has been reappointed chief executive of Australia-based platform provider Praemium following a shareholder vote to remove the chairman and three directors last week.
Tax & Regulation | 15 May 17
Labour’s 17-point tax avoidance clampdown plan
As voting day for the UK general election rapidly approaches, the Labour party has spelled out a wide-ranging 17-point plan to tackle tax avoidance and public filing of the tax returns of wealthy individuals earning more than £1m.
Technology | 15 May 17
SJP unveils ‘smarter cash’ management platform
St James’s Place has partnered with London fintech group Flagstone to offer clients a new online cash management platform.