News
United Kingdom | news 23 Jul 14
FCA slaps four month ban on adviser network
Using its suspension powers for the first time, the Financial Conduct Authority has banned two subsidiaries of the Financial Group for serious misconduct.
Middle East | news 23 Jul 14
NBAD asset management MD and CIO steps down
Mark Watts, the managing director and chief financial officer of the asset management division of the National Bank of Abu Dhabi has stepped down.
Investment | news 23 Jul 14
Structured product specialist IDAD expand
IDAD and Compass Global Wealth have hired Martin Cartwright as a business development manager in its Asia team.
Montello Real Estate Opportunity approved in Spore
UK-based real estate financier Montello has received the go-ahead from the Monetary Authority of Singapore to distribute its Real Estate Opportunity Fund in the country.
Middle East | news 23 Jul 14
Saudi Arabia opens 530bn stock market
Saudi Arabia is to open its stock market to direct investment by foreign financial institutions (FFIs) in the first half of next year, giving them access to its $530bn bourse.