News
North America | news 11 Mar 16
Cayman firms plead guilty to helping US clients avoid tax
Two Cayman Island investment and trust companies pleaded guilty in a New York federal court to helping American clients evade tax. The first conviction of its kind outside Switzerland.
Caution urged over EEA secondary share sale offer
Investors in the beleaguered Guernsey-based EEA Life Settlements Fund have been offered the opportunity to register some, or all, of their shares for a proposed secondary share sale in March or April this year. But caution has been urged.
Old Mutual to break into 4 new businesses
South African financial services group Old Mutual has decided to break up its business into four separate units as it believes they will perform better independently.
Macro Views | news 11 Mar 16
FTSE 250 would underperform after Brexit, says UBS Wealth
UBS Wealth Management has warned that significant parts of the FTSE 250 index would be likely to underperform in the aftermath of a British exit from the European Union.
Falcon Private Wealth Dubai secures DFSA licence
Falcon Private Wealth Dubai has received final licence approval to operate from the Dubai International Financial Centre (DIFC), with immediate effect.