Europe
ageing euro investors too fearful says blackrock
Yields on traditional asset classes are “incredibly low” giving the ageing population in Europe a huge challenge in retirement, according to a new report from BlackRock.
Standard Bank IOM trust arm closed down in May
The Isle of Man regulator has announced that Standard Bank Trust Company (Isle of Man) ceased doing business from 31 May this year.
appleby acquires iom based caledonian trust
Appleby, one of the world’s largest providers of legal and fiduciary services, has acquired Caledonian Trust (IOM) Limited and Caledonian Fund Services (Europe) Limited as part of the group’s growth strategy.
devere group creates exec committee
The deVere Group today said it had put together an “executive committee” for its European operations, as part of a corporate effort to “raise standards throughout the region”.
swiss reach agreement on way for its banks
The Swiss government said today that it had reached agreement on proposed legislation that would enable the country’s banks to comply with requests by US authorities for information in connection with their tax evasion investigations.