Europe
Spain bemused by UK’s ‘war talk’ in Brexit row over Gibraltar
Spain has accused UK government officials of “losing their cool” in a row with the European Union over the future of Gibraltar post-Brexit.
Advisory firm PWS shuts Qatar office, to expand in Barcelona
Middle East advisory firm Prestige Wealth Solutions (PWS) has decided to close its Qatar office following the completion of its annual strategic business review.
‘Friendly’ markets a boon for European fund flows
Morningstar data shows European equity funds saw net inflows of €3.4bn (£2.9bn, $3.6bn) in February with equity ETFs performing well on the back of positive markets, with net inflows of €6.4bn.
Asset managers turn sour on Anglo-Saxon equities
With Theresa May formally triggering the start of the process that will take the UK out of the European Union, UK equity sentiment hit another record low. Return expectations for US equities also fell into negative territory.
Dutch gov’t launches international crackdown on tax evaders
The Dutch government has launched a series of raids across Europe and in Australia as part of a crackdown on suspected money launderers and tax evaders, and the bank employees who may have helped them.