Industry
UBS appoints Koh head of wealth management Asia Pacific
Edmund Koh has been named head of UBS Wealth Management Asia Pacific replacing Kathryn Shih, who has been named president of UBS Asia Pacific. Both appointments are effective 1 January 2016.
Guernsey fund business sees uptick
The total value of funds business in Guernsey grew by £4.9bn (2.2%) during the third quarter of the year, with closed-ended funds showing the strongest rise.
Barclays fined record £72m for failing to ‘minimise crime’
The Financial Conduct Authority (FCA) has fined Barclays Bank a record amount for failing to minimise the risk that it may be used to facilitate financial crime.
People Moves | 26 Nov 15
Balfour resigns as TMI CEO
Mike Balfour is to leave his post as CEO of Thomas Miller Investment at the end of January 2016.
Tax & Regulation | 25 Nov 15
Changes to capital gains tax for non-UK residents
Non-UK residents disposing of UK residential properties will no longer face potential double charges that occur in some circumstances, Osborne announced in his joint Autumn Statement and Spending Review on Wednesday.