Europe
axa to sell its romanian operations
Axa is to sell its life and savings insurance operations in Romania to a major Romanian insurance group, and exit that Eastern European market.
europes ucits funds post inflows in q3
Net inflows into UCITS funds almost trebled in the third quarter of the year compared with Q2, as equity funds benefitted from greater investor confidence, the European Fund and Asset Management Association reported.
credit suisse ubs launch swiss finance council
Two of Switzerland's biggest banks, Credit Suisse Group and UBS, today are launching a new organisation they say will seek to "engage in dialogue around policy developments in finance at the European and international level".
investors seriously underestimate retirement
Many investors in the UK and elsewhere in Europe have an unrealistic expectation of what their annual retirement income will be and underestimate the amount of cash required to achieve it.
globaleye expands into russia with moscow outpost
Globaleye has opened a new office in Moscow, across the street from Red Square, as the Dubai-based advisory firm adds a ninth country to its list of jurisdictions.