Industry
Transact co-founder and former CEO dies
He ‘was a true innovator and a giant of the industry’
Triple lock in doubt with inflation component set at 10.1%
Uprating state pension by earnings growth could save UK government between £4bn-£5bn
HSBC sets up private banking hub in UAE
It will offer wealth management services to clients with investable assets of over $2m
Goldman Sachs to merge wealth and asset management units
It reverses the decision to split the divisions just two years ago
Kingswood secures up to £150m debt facility
Money will be used to fund current and future acquisitions