Industry
WisdomTree adds two trading firms to Ucits ETF platform
Exchange traded fund provider WisdomTree has added Cantor Fitzgerald and IMC as authorised participants (AP) to its Ucits distribution platform.
Offshore bonds and Qrops drive jump in STM profit
STM Group, a specialist financial services group, said a focus on building up its international pensions and life assurance products business helped it post a near 60% rise in net profit for the year to 31 December 2015.
Barclays to sell its stake in Africa bank
Barclays Bank has announced its intention to sell its 62.3% stake in its African business, Barclays Africa Group Ltd (BAGL) over the next two to three years as it faces regulatory pressure over capital requirements and FX erosion.
People Moves | 1 Mar 16
PEOPLE MOVES: Hong Kong SFC, BNP Paribas IP, Credit Suisse…
Hong Kong’s securities regulator has announced a leadership change at its intermediaries division. BNP Paribas Investment Partners names a new head of emerging market fixed income, while Credit Suisse’s global head of macro products is rumoured to be departing.
Retirement | 1 Mar 16
Brexit fears push PM to rein in Osborne pension reforms
George Osborne is facing pressure from David Cameron to hold back the pace of pension reform in his forthcoming 16 March budget.