Industry
Hong Kong virtual bank unveils funds offering
To give investors access to Franklin Templeton, AllianceBernstein, Invesco, Amundi, Pictet and Janus Henderson products
J Stern & Co opens Malta office
To offer its investment services direct to EU citizens
Investment manager convicted over role in £100m fraud scheme
He hid victims’ money in offshore accounts to fund his luxury lifestyle
Aggressive cost cuts cushions Quilter profits from 12% blow to assets
But CEO warns full-year operating margins could dip if revenue headwinds remain
IFA group bolsters Scotland presence with acquisition
Deal brings AuM to £800m, staff to 70 and clients to around 2,500