Europe
gibraltar looks to insurance and private client
The Government of Gibraltar has appointed two senior executives to its Finance Centre department to help with the development of the insurance and private client sectors in the British Overseas Territory.
santander am granted permission for frankfurt
Santander Asset Management has received permission from the German regulator, Ba Fin, to open an office in Frankfurt.
eurozone pulls down global house price index
Mainstream global house prices at the end of the third quarter last year stood only 5.2% above the lows hit in the wake of the financial crisis during the second quarter of 2009, according to Knight Frank, which said that the eurozone continues to weigh heaviest on the index average.
british buyers of cyprus homes to sue
Almost 800 UK property buyers who claim that they were mis-sold properties in Cyprus are at last taking action in High Court in London.
european 2012 fund sales to exceed 200bn
Sales of long-term funds in Europe are expected to have reached more than 200bn last year, figures from Lipper suggest.