US
US tax authorities demand Singapore bank records
The US Internal Revenue Service (IRS) wants Singapore to waive its bank secrecy laws and push UBS into releasing financial information of a US citizen.
North America | 3 Mar 16
FATCA exceptions agreed by Swiss and US authorities
Accounts held by the lawyers or notaries of clients in Switzerland are now exempt from the United States’ Foreign Account Tax Compliance Act (FATCA) following the signing of an agreement by the countries’ authorities in February.
Lombard Int’l sets up dual US-UK wealth solution
Lombard International Assurance, a provider of wealth structuring solutions for high net worth clients, has launched a new wealth planning product designed to meet the needs of US taxpayers and prospective US residents currently residing in the UK.
MetLife in talks to sell US retail adviser business
MetLife, the largest life insurer in the US, confirmed on Thursday that it is in talks to sell its roughly 4,000-strong adviser force MetLife Premier Client Group to Massachusetts-based MassMutual Financial Group.
Fund Selector: The ‘fangtastic’ four
2015 was the weakest year for US equities since 2008, the exception being the technology sector that was buoyed by the ‘Fangs’ – Facebook, Amazon, Netflix and Google.