Europe
Julius Baer contests claims over missing
Swiss banking group Julius Baer is contesting an order to pay the German government more than 80m, after a bank it now owns was found responsible for money which went missing illegally during the reunification of East and West Germany.
Schroders appoints head of Europe product
Schroders has appointed a head of Europe product and manager solutions to oversee its product management and strategy in Europe.
European US and Japanese ETF inflows hit record
European-listed ETFs and ETP assets reached a record high at the end of August of $477.4bn, ETFGI said on Monday.
jersey funds exceed 200bn
Jersey’s funds sector grew 2.6% to just over £200bn in the second quarter, according to figures released today in Jersey Finance’s latest industry report.
credit suisse to merge regional banking arms
Credit Suisse is to merge its private banking operations in eastern Europe, the Middle East and Africa with western Europe.