Europe
Feifa unveils new membership for UK advisers
The Federation of European Independent Financial Advisers (Feifa) has launched a new membership category, aimed at UK advisers with expat clients.
Gibraltar must ‘act fast’ to meet Rops reforms
Overseas pensions offered from Gibraltar are most at risk of losing their ‘recognised’ status when the UK brings in a new rule requiring such products to be regulated in the country where they are established.
Former French budget minister jailed for tax evasion
Jerome Cahuzac, a cosmetic surgeon and former French budget minister tasked with cracking down on tax evasion, has been jailed for three years after he was found guilty of tax fraud and money laundering.
AnaCap buys Barclays France, plans wealth manager launch
Barclays is to sell its French retail banking operations, life insurance business, and wealth and investment management operations to European financial services private equity firm AnaCap Financial Partners.
Pimco calls for €30bn injection into Italian banks
An equity injection of €30bn to €40bn could revive Italy’s beleaguered banks, according to Pimco’s global head of financial research Philippe Bodereau.