Banking
PwC “Banking in Luxembourg” report highlights resilience and future AI developments
PwC “Banking in Luxembourg” report: Resilience amidst global challenges in Luxembourg’s banking sector
Guernsey FSC warns criminals abusing Investec Bank name to commit fraud
The Guernsey Financial Services Commission (GFSC) has issued a warning that criminals are using social media channels to commit fraud and mislead consumers by abusing the name of Investec Bank’s Channel Islands subsidiary. The regulator has put out a statement in which it says: “Investec Bank (Channel Islands) Limited is a wholly owned subsidiary of […]
Swiss regulator restricts HSBC private bank over AML breaches with two high-profile individuals
FINMA has ordered the bank to conduct an AML review of all its current high-risk business relationships and business relationships
HSBC to unveil three wealth centres in Singapore by end of Q1 2025
It plans to increase the number of staff in client-facing roles by more than a third by 2028
DIFC sees ‘surge’ in interest on 1st anniversary of its new family wealth centre
Last year, DIFC launched the first Family Wealth Centre of its kind in the world