Here we list who has moved where in another busy week in the offshore sector.

Nicolas Sarkozy faced claims yesterday that in his previous job as a lawyer he often helped rich French clients to open tax-friendly bank accounts in Switzerland.

Norwich Union is to withdraw its inflation guarantee option for its with-profits investment bond.

Guernsey investment manager Corazon Capital stands to lose millions following the collapse of a leading hedge fund, according to reports.

Skandia has added the Sarasin International Equity Income fund to its Selestia Investment Solutions and Life and Pensions fund range.

The German government is targeting those German banks operating in Switzerland that maintain accounts for Liechtenstein foundations as part of its tax haven crack down, according to German newspaper Der Spiegel.

Fund managers in emerging markets are increasingly considering environmental, social and corporate governance (ESG) factors in their investment decisions, according to Mercer.

Zurich International Life (ZIL) is set to cut its distribution in the European Union and focus instead on opportunities in the Middle East.

Sir Fred Goodwin, the disgraced former chief executive of RBS, may be finally bowing to public pressure to hand back a portion of his £703,000 a year pension.

NatWest International Personal Banking (IPB) has launched two structured deposit accounts offering customers security and potential growth through the diverse green or UK business sectors, or the FTSE100 index.