Industry
Zurich makes £5.6bn offer for RSA
Zurich Insurance has formally tabled an all cash offer for RSA Insurance valued at £5.6bn ($8.8bn), which the UK-listed firm said it was likely to accept.
JTC completes Kleinwort Benson fund admin arm buyout
Multi-national company JTC has completed its takeover of Kleinwort Benson’s fund administration business, which will bolster its operations in the Channel Islands and give it a permanent base in South Africa.
People Moves | 24 Aug 15
UK investment arm of State Bank of India hires chief exec
The UK subsidiary of the investment-banking arm of the State Bank of India, SBICAP, has appointed Sumit Jamuar as chief executive to spearhead its European and UK business.
People Moves | 24 Aug 15
Mirabaud moves to strengthen European equity team
The Mirabaud Group’s asset management arm has strengthened its European small and mid-cap equity team with two new hire.
Retirement | 24 Aug 15
Case against delayed Guernsey QROPS transfer thrown out
A case against pension administrator Capita which claimed there were “unreasonable delays” to an overseas pension transfer has been rejected by the Pensions Ombudsman Service (POS).