Regions
Three bidding for Barclays Asia private wealth business
Singapore’s DBS Group and Oversea-Chinese Banking Corp (OCBC), and Swiss-headquartered Julius Baer have reportedly submitted non-binding bids for Barclay’s Asian private wealth business, reports Reuters.
ANALYSIS: Negative rates raise the stakes for getting it wrong
The Swedish central bank’s surprise announcement that it has pushed interest rates further into negative territory is the latest piece in what is an increasingly worrying puzzle.
L&G expands US pension risk transfer business
Legal & General has entered into a second US pension risk transfer deal with a buy-out of around $65m (£44.9m, €57.7m) in pension liabilities.
Zurich posts sharp drop in 2015 profit, Greco starts in March
Zurich Insurance Group has posted what its own chief executive has called a “disappointing” set of results, recording a 37% drop in operating profit for 2015.
Tax & Regulation | 11 Feb 16
UK targets trust-based pension schemes for improvement
Trust-based schemes are being called on to improve their transparency and accountability following HM Treasury’s latest consultation on pension transfers and early exit charges.