Europe
feifa membership grows 20 in six months
IFA trade organisation FEIFA has reported a 20% increase in its membership over the past six months.
guernsey bank deposits fall in q4 year
Total deposits held with Guernsey banks at the end of December fell almost 6%, or by £6.7bn, from the end of September, and 3.1% from a year earlier, as two banks surrendered their licences and the low interest rate environment continued to put people off of keeping money on deposit.
deutsche and guggenheim discuss deal
Deutsche Bank has entered into exclusive negotiations with US-headquartered financial services firm Guggenheim Partners, regarding the sale of several parts of its asset management division.
gam to acquire arkos capital
Fund group GAM has announced plans to purchase Arkos Capital, a Swiss long/short investment firm with CHF664m in assets under management.
devere eyes swedish market
DeVere Group, which claims to be the worlds largest advisory firm, plans to open its first office in Sweden, in the second quarter of this year.