Europe
Phoenix Group sells Irish life company for €230m
Deal will ‘simplify our European operations and accelerate cash release’ from the business
EU approves Aon/Willis Towers Watson merger
Remedy package ensures that firms ‘will continue to have a good choice’
TikTok imposes global ban on investment promotions
Change means that ‘regulated financial firms could be swept up in it’
Has the tide turned for UK funds?
‘UK Equity Income was the least popular sector in May and has continued to face challenges’
PEOPLE MOVES: DeVere Group, Zurich, Barclays Private Bank
Advice firm names CEO of its electronic money operation, as insurance giant makes c-suite change