News
HSBC GAM launches Eurozone fund
HSBC Global Asset Management has launched a multi-asset fund in Hong Kong and expects Eurozone economic growth picking up in 2016.
Tax & Regulation | news 7 Mar 16
Senior Managers Regime comes into force in UK
The UK’s new senior managers regime, designed to hold bankers and insurance managers accountable for misconduct in areas under their responsibility, has come into force and will apply equally to officers of the Financial conduct Authority (FCA) and the Prudential Regulation Authority (PRA).
North America | news 7 Mar 16
US-Swiss FATCA exception clause very narrow
Despite the recent FATCA carve-out agreed between the US and Switzerland, US citizens looking to circumvent their tax reporting obligations will have to look further afield if they want to avoid declaring their offshore assets.
Macro Views | news 7 Mar 16
Brexit would negatively affect UK retail demand – Investec
While a vote to leave the European Union would likely be negative for UK retail demand, the sector is more resilient than many others, according to Investec.
Old Mutual considering break-up options
Speculation is growing that Old Mutual, the global financial services group, may be about to announce plans to break up its operations into four new units.