Europe
IT worker at Panama Papers law firm arrested in Switzerland
A computer technician at the Geneva office of Panama Papers law firm Mossack Fonseca was detained several days ago on suspicion of removing large volumes of data, reports Swiss newspaper Le Temps.
Alternatives | 14 Jun 16
Manulife set to expand across Europe
Manulife Asset Management, the investment management arm of Canada’s Manulife Financial Corporation, has announced plans to expand across Europe and has boosted its operations in the UK.
Barclays sells Spanish pension assets and liabilities
Barclays is continuing to offload its non-core operations, selling its Spanish pension assets and liabilities to Vidacaixa, S.A.U. de Seguros y Reaseguros, a member of the Caixa Group.
EU-wide pension to fail like stakeholder schemes, says IFA
A Europe-wide single pension product may suffer the same “underwhelming” success as the UK’s stakeholder pensions, according to a leading European IFA firm.
Zurich reshapes and simplifies group structure
Mario Greco, the recently appointed chief executive of Zurich Insurance Group, has announced a company-wide reorganisation and named his new leadership team.