News

Standard Bank and Calastone appoint and expand

Investec Asset Management believes this year's BRICS Summit recently held in South Africa was more about communication between the five countries rather than coordination which is a concept still in its infancy.

The Tax Incentivised Savings Association (TISA) is writing to the Treasury to ask for a one-year delay on the proposed rebate tax, after estimating the costs to the industry far outweigh the tax likely to be recouped.

Santander has confirmed it has stopped offering investment advice to new customers resulting in the potential loss of 724 jobs.

Upmarket wealth manager St James's Place paid £12,750 for a speech from Labour MP David Miliband at its annual conference.

The Financial Conduct Authority (FCA) will not find it easy to drop its predecessor's 'tick box' culture according to the chairman of the Chartered Insurance Institute's Professional Standards Board (PSB).

Senior staff at J O Hambro Investment Management are to buy out the business from owner Credit Suisse with the help of banking group Bermuda National.

Former Aberdeen global fixed income bond chief Paul Griffiths has joined First State Investments as CIO of fixed interest and credit.

Fidelity FundsNetwork is to bring forward all rebate payments accrued in the current tax year to before 6 April, in a bid to avoid income tax levied by HM Revenue & Customs (HMRC).

The Financial Conduct Authority (FCA) has confirmed the names of its 12 board members to take effect from 1 April 2013.