Europe
uk investors protesting over swiss franc mortgages
UK property buyers who claim that they were mis-sold Swiss franc mortgages on Cyprus properties at the height of the Cyprus property boom have taken their protest to London, where they demonstrated outside the Cannon Street offices of Alpha Bank.
ec commissioner barnier maintains ifas
Independent advisers in Europe should be banned from receiving commission payments, according to Michel Barnier, European commissioner for internal market and services at the EC, who sets out his position in a strongly worded letter to Fecif chairman, Vincent Derudder.
jersey fsc wraps up corinthian holdings
The Jersey Financial Services Commission has formally wrapped up an investigation of a Jersey firm it had been investigating, more than a year after the company, Corinthian Holdings Ltd, ceased trading.
bank of valletta year end profits up two thirds
Bank of Valletta, Malta’s longest established financial services providers and one of its largest, has reported a 72% increase in pre-tax profits profit in the year to 30 September.
crown dependencies hold first trilateral meeting
Senior ministers from Jersey, Guernsey and the Isle of Man have held their first formal meeting to discuss areas of mutual interest since all three jurisdictions held general elections.