North America
DeVere expands into Latin America, opens Mexico City outpost
DeVere Group is to open an office in Mexico City, headed up by an ex-Guardian Wealth man, its first step in an ambitious plan to expand throughout Latin America.
PEOPLE MOVES: HSBC, Fidelity and Momentum
HSBC appoints a Hong-Kong based global head of private wealth solutions, Fidelity creates a head of stewardship and sustainability role, while Momentum Pensions has named a head of business development for the Middle East and Asia.
Alternatives | 16 Jan 18
DeVere launches cryptocurrency app as Bitcoin hits 6-week low
Global independent financial advice firm deVere Group has added a cryptocurrency app to its suite of products to meet “soaring global demand”, despite lingering concerns about the viability and legitimacy of digital currencies.
Trustee sought for $1.2bn Ponzi scheme
A federal judge has been urged by the US Securities and Exchange Commission to appoint a trustee to manage a bankrupt property developer accused of being a Ponzi scheme.
US slams EU tax haven blacklist
The US Treasury Department “disagrees” with the recently released EU tax haven blacklist, arguing that it “undermines” international standards put in place to identify non-cooperative tax jurisdictions, according to a letter sent to the EU security general.