Industry
Tax & Regulation | 13 Feb 15
UK to toughen tax evasion laws
The HSBC tax evasion scandal has put pressure on the UK government to introduce new legislation making it easier to prosecute people for hiding money in offshore bank accounts.
People Moves | 13 Feb 15
Woolley takes UK distribution role
BNP Paribas Investment Partners has appointed Mike Woolley as head of external distribution, UK.
Stenham launches second UCITS fund
Hedge fund investment specialist, Stenham Asset Management, has unveiled a UCITS-compliant macro fund of funds.
Credit Suisse bosses pay cut by 25 per cent
Directors at the Swiss banking giant Credit Suisse have taken a voluntary 25% pay cut to reflect a $2.6bn (£1.7bn, 2.3bn) fine from the US regulator last year after it helped American citizens evade tax.
investec fund mgt shifts
Investec Asset Management has announced a catalogue of fund management changes stemming from the appointment of Richard Garland as managing director for the firm’s global client group.