Industry
Ex-Irish Life chief executive guilty of conspiracy to defraud
Former Irish Life and Permanent chief executive Denis Casey has been convicted of conspiracy to defraud in the run-up to the 2008 banking crisis.
Singapore to overtake London as second largest offshore hub
Singapore is expected to overtake London as the world’s second largest offshore financial centre by 2020, a new report suggests.
Alternatives | 9 Jun 16
Generali Germany folded into Generali Investments
Generali Investments Deutschland (GID) has been merged into Generali Investments, as part of the group’s strategy to streamline its global asset management operations.
Tax & Regulation | 9 Jun 16
FCA bans two fraudsters over ‘risky’ pension investments
A British financial adviser and his boss have been banned from working in the financial services industry for lying to clients about where they invested pension pots totalling nearly £24m ($34.9m, €30.7m).
People Moves | 9 Jun 16
PEOPLE MOVES: Deutsche AM, BMO GAM, Kleinwort Benson
Following a period of medical leave, the head of Deutsche AM is to leave the company in order to focus on his treatment. BMO GAM has named a new chief executive and the departure of its co-chief executive. Recent acquisitions have seen new chief executives appointed at Kleinwort Benson and StarCapital.