Regions
Macro Views | 2 Nov 16
UK inflation to peak at 4% next year, says think-tank
Brexit-fuelled sterling weakness will push consumer price inflation toward 4% in the middle of next year, the National Institute of Economic and Social Research said on Wednesday.
UK could be ‘held hostage’ in Brexit talks over Gibraltar
Spain could use the British overseas territory of Gibraltar to hold the UK “hostage” in the final negotiations over Brexit, causing serious problems for businesses, according to former UK foreign secretary William Hague.
North America | 2 Nov 16
US adviser faces CFP ban for conning athletes out of $33m
A professional body representing financial advisers in the US has temporarily banned one of its members for siphoning over $33m (£22.5m, €29.2m) from professional sports stars in an alleged Ponzi scheme.
Newly-launched platform targets Singapore’s HNW and US expats
Crossbridge Capital and Morningstar are collaborating on a newly-launched digital advisory platform that targets high net worth (HNW) individuals and US expats, which they believe are under-served in Asia.
Mark Paine to take over the Meyado Group
Wealth management firm Meyado is to see a change at the top after Singapore chief executive Mark Paine announced plans to buy out the shares of the group’s founder and chairman Martin Young.