Regions
MetLife wins ‘too big to fail’ US court bid
US-based life insurance company MetLife saw its share price rise 5% after a judge ruled that the government’s decision to label it a systemically important financial institution (SIFI) be withdrawn.
New S. Korea IFA model a ‘turning point in rebuilding trust’
Barings’ chief executive in South Korea, Thae Khwarg, has said that he ‘welcomes’ proposed changes announced by the country’s Financial Services Commission (FSC) which would allow IFAs to provide independent advice while adopting a new fee-based only regime similar to the UK.
European investors shun Japanese, US large-cap in Feb
Outflows from open-ended funds in Europe continued apace in February, the latest data from Morningstar reveals.
Middle East | 31 Mar 16
Expats feel most at home in Bahrain
Bahrain topped HSBC’s Expat Explorer survey with two thirds of expats feeling at home within a year of moving.
Royal London life and pension business up 40%
Royal London’s new life and pensions business rose 40% to £6.8bn ($9.7bn, €8.6bn) in 2015, following improved operating efficiency initiatives embedded across the business.