Industry
People Moves | 23 Apr 15
Guernsey Finance targets more markets with new role
Guernsey Finance has named Kate Clouston as its first director of international business development
Cash pours into ETFs in Q1, Europe inflows gather pace
New money poured into the world’s exchange traded funds and products (ETFs/ETPs) during the first quarter of 2015 with Europe’s share gathering pace as the European Central Bank started its quantitative easing programme.
Woodford’s Patient Capital is UK biggest fund launch
Neil Woodford’s Patient Capital Trust, the second fund from the star manager’s company, is the largest ever UK investment company launch, according to the Association of Investment Companies (AIC).
FCA fines Merrill Lynch Int’l record £13m over transaction reporting failings
The UK’s Financial Conduct Authority has fined Merrill Lynch International more than £13m for transaction reporting failures, the highest penalty of its kind ever recorded.
People Moves | 22 Apr 15
Standard Bank IoM appoints international banking head
Standard Bank’s Isle of Man unit has appointed Sanshia Tumblety to the role of head of banking propositions in its International Personal Banking division.