News
IT worker at Panama Papers law firm arrested in Switzerland
A computer technician at the Geneva office of Panama Papers law firm Mossack Fonseca was detained several days ago on suspicion of removing large volumes of data, reports Swiss newspaper Le Temps.
Schroders and State Street fined by Hong Kong regulator
Schroder Investment Management (Hong Kong) and State Street Global Advisors have been fined by Hong Kong’s Securities and Futures Commission (SFC) for two separate regulatory breaches.
Middle East | news 15 Jun 16
Amundi appoints new chief executive for Middle East
Amundi, Europe’s biggest asset manager, has formally announced that Nesreen Srouji has been appointed as its chief executive for the Middle East.
Old Mutual Wealth buys DQS Financial Management
Old Mutual Wealth Private Client Advisers, a UK financial advice service, has struck a deal to acquire the financial planning firm DQS Financial Management.
HK rules seen as bottleneck to rise of robo-advisers
Hong Kong regulations require human involvement rather than an automated process in order to provide wealth management services, said iFast Financial (HK) chief operating officer Kelvin Yip.