Industry
North America | 22 Jun 16
US SEC acts against adviser defrauding pro athletes
The US Securities and Exchange Commission said it has obtained a court order freezing the assets of an investment adviser charged with secretly siphoning millions of dollars from professional sports stars in an alleged Ponzi scheme.
Lombard International granted Hong Kong brokerage licence
Luxembourg and Philadelphia-headquartered Lombard International has received approval for a brokerage licence for its Hong Kong subsidiary, Lombard International Brokers.
Bank of Ireland signs mortgage distribution deal with Tenet
The Bank of Ireland has launched a new partnership to distribute its range of mortgage products with TenetLime, part of the Tenet Group of independent financial advisers.
Tax & Regulation | 21 Jun 16
FAMR’s financial advice working group named
The UK’s Financial Conduct Authority has named a working group that will take forward three key recommendations of the Financial Advice Market Review.
Alexander Beard partners with French wealth management firm
KMH Gestion Privée and UK-headquartered international financial services company Alexander Beard Group have set up a joint venture to assist companies looking to set up shop in France and provide French and UK nationals with wealth management and pension transfers services.