News
Emerging Markets | news 27 Sep 16
Amundi sees flow from Europe to Emerging Markets
The European stock market is actually more volatile than emerging markets, said Amundi’s deputy global head of equities, Alexandre Drabowicz.
People Moves | news 27 Sep 16
PEOPLE MOVES: L&G, MUFG, SuMi Trust, SYZ AM
L&G has appointed ex-chief executive of Scottish Widows to its board of directors, while MUFG names its new business development director for EMEA. SuMi Trust has hired Yukihiro Murota as the head of its international unit as SYZ Asset Management finds a new head of sales for Italy.
Tax & Regulation | news 27 Sep 16
Trump calls tax avoidance ‘smart’ in live debate with Clinton
Donald Trump called tax avoidance “smart” during the first live US Presidential TV debate with rival Hillary Clinton in New York.
Middle East | news 27 Sep 16
Dubai regulator fines insurer for sales outside permitted zone
The Dubai Financial Services Authority (DFSA) has cracked down on an international insurance company based in the DIFC for selling products to customers outside the centre.
France requests data on 45,000 UBS accounts from Switzerland
French tax authorities have asked Switzerland to name the holders of 45,161 bank accounts as part of an investigation into alleged tax fraud, French news service AFP has reported.