North America
Brewin Dolphin sold for £1.6bn
To create a ‘market leader’ with £65bn in assets under management
IRS admits it cannot cope with volume of Fatca reports
‘Limited IT resources, funds and personnel’ are forcing the taxman to prioritise enforcement actions
Morgan Stanley to enter ETF market
It is designing a full-scale platform and plans to launch its first exchange traded funds this year
AIG to rebrand life and retirement business after IPO
This includes the insurer’s UK operation
PEOPLE MOVES: Canada Life, Banque Cramer, BRI Wealth
Chair steps down from insurer, while Swiss private bank names CEO