Regions
Leniency offered to Norwegians confessing links to Panama
Norway’s economic crime authority has set up a dedicated phone number to give those with undeclared offshore assets linked to the Panama Papers the opportunity to come forward voluntarily and face lesser charges.
Macro Views | 11 May 16
Cash flow key to current holdings – Axa’s Thomas
Cash flow remains the focus for Nigel Thomas, as worries over growth and the lack of policy tools persist.
Middle East | 11 May 16
Abu Dhabi aiming to be the Middle East’s new fintech hotspot
Abu Dhabi’s Financial Services Regulatory Authority (FSRA) has proposed creating a framework that will allow financial technology (fintech) firms to conduct their activities in a controlled and cost-effective environment.
Focus Financial enters Australia after signing up MW Lomax
The US-based partnership of independent wealth management firms, Focus Financial Partners, has expanded its international network to Australia by signing up the Melbourne-headquartered MW Lomax Group.
Int’l wealth business buoys weak Q1 for Credit Suisse
Credit Suisse’s international wealth management (IWM) business proved to the lone revenue bright spot in the bank’s disappointing first quarter results, which saw group revenue down more than 30%.