Gibraltar
Business as usual for Qrops, says STM
UK citizens will still be able to transfer their pensions to Europe via a qualifying recognised overseas pension scheme (Qrops) despite Britain voting to leave the European Union, says Alan Kentish, interim chief executive of STM Group.
Blacktower set to pull Gibraltar HQ following Brexit vote
Gibraltar-headquartered Blacktower Financial Management Group is planning a possible move of its business to a different European country in a bid to preserve its EU ‘passporting’ status, the IFA firm’s managing director, John Westwood, has said.
Bupa expands offshore with new product launch
Bupa Global, the international arm of Britain’s most well-known private medical insurer, has launched a range of new health insurance products in Jersey, Guernsey and Gibraltar.
People Moves | 5 May 16
PEOPLE MOVES: Lombard Int’l, Axa IM, Nutmeg…
Lombard International has named a new chief executive for its US operations, while Axa IM has announced a senior departure. Nutmeg’s chief executive has stepped aside, with a Columbia Threadneedle veteran bowing out of the industry after a 32-year career.
Barclays pulls out of Gibraltar
Barclays is to close its remaining Gibraltar office and depart the British overseas territory, two years after it began winding down its retail banking operations there.