Offshore Investment

Aegon Scottish Equitable International (ASEI) has been accused by an adviser of publishing misleading literature for a cash deposit fund offered by Kaupthing Singer & Friedlander IOM (KSFIOM).

European leaders at the G7 meeting are preparing a united front against 'tax haven' abuse ahead of the G20 summit on 2 April.

Troubled Bank of Ireland will close its Guernsey branch and all operations and accounts will be moved to the Isle of Man.

RBS is fighting the Treasury in court over six-figure bonuses of a group of metal traders paid into an offshore trust, according to sources.

Troubled Bank of Ireland will close its Guernsey branch and all operations and accounts will be moved to the Isle of Man.

Laven Partners has joined with Cayman-domiciled Eiger Asset Management to launch four coffee-related funds.

Jersey-based Ashburton has added four regional equity funds to Skandia's Selestia Investment Solutions Platform.

Deutsche Bank has strengthened its Cayman operation by hiring Tara Buckley as operations manager for its Private Wealth Management Banking and Booking Centre support team.

The average rate of interest paid on Euro offshore savings accounts has plummeted 1.71% to 1.85% in the past three months, according to Investec Bank (Channel Islands).

Authorities in Antigua have taken control of alleged fraudster Allen Stanford's offshore bank to prevent its collapse, according to reports.