05/31/2016
Isle of Man offers new banking licences to trusts and HNWs
The new banking regime is effectively an expansion of the IoM’s existing class 1 banking licence through the addition of two new classes of licence.
Wealth and Asset Management
05/30/2016
The World Bank names Mauritius as Africa’s top business destination
Mauritius is first and foremost a fairly safe country.
05/30/2016
Formula E partners with Bermudian company
Argo Group has been the title sponsor of the prestigious Argo Group Gold Cup for the past eight years and has partnered with Swedish America’s Cup challenger Artemis Racing.
05/30/2016
FATCA has Americans renouncing citizenship, tax lawyer says
A Calgary lawyer says an increasing number of Americans living abroad are renouncing their U.S. citizenship because of a recently passed tax law.
05/27/2016
Panama Papers: Mossack Fonseca closes island offices
Mossack Fonseca is also to close offices in the Isle of Man and Gibraltar, it said.
05/27/2016
AP Executive Wins Global Award 2016
The winners were chosen after a rigorous nomination and selection process
05/27/2016
Sterling Global Financial launches Sterling Bank & Trust
They invest through one or more of its several funds, including the award-winning New Providence Income Fund.
05/27/2016
Wealth Manager supports Manx Cancer Help's first newsletter
The newsletter is a great way for us to do that, as well as providing the opportunity to thank everyone who has contributed to the charity.
05/26/2016
Lux group ups UHNW expansion with Swiss bank purchase
This purchase comes just three months after the Luxembourgese bank acquired Banco Populare Luxembourg S.A.
05/26/2016
Credit Suisse to close Panama private banking office
The spokesman noted that the decision to close is unrelated to the Panama Papers leak
05/24/2016
Guernsey wins international Wealth Adviser Award
Guernsey reclaimed the award for best international wealth management centre this year, having previously won the award at the Wealth Adviser Awards 2014.
05/24/2016
BNP Paribas to close Cayman Islands business
BNP Paribas had no immediate comment.
05/23/2016
Two Canadians say they’re in the Panama Papers for the right reason
A lawyer and wealth manager from Montreal appear hundreds of times in the Panama Papers, but they say they’re repatriating offshore funds back to Canada.
05/23/2016
French asset manager buys Dublin’s Kleinwort Benson for €108 million
That’s very much our objective and the objective of the shareholders as well,” said Hawkshaw.
05/23/2016
Royal Bank of Canada donates RHS Chelsea Flower Show Garden to Channel Islands charity
Designed by Hugo Bugg, the Royal Bank of Canada Garden celebrates water, not as a commodity, but as an entity sacred to humanity.
05/18/2016
What has Wealth Management got to do with Dominos Pizza? by Scorpio Partnership
With USD30 trillion of HNW assets expected to pass from the older generation by 2050, the wealth industry could be about to witness one of the greatest wealth transfers of all time.
05/18/2016
Brown Brothers Harriman expands trust services in Hong Kong
The potential inclusion of ETFs in Stock Connect, a cross-border initiative launched in 2014 that links the Hong Kong and Shanghai stock exchanges
05/17/2016
Business booms for wealth managers
Award caps anniversary for firm
05/16/2016
New business growth, award win for CISE
The CISE was sponsor at the Jersey Annual Funds Conference in March and this month’s Guernsey Funds Forum, both of which are held in London.
05/13/2016
Citywealth announce Magic Circle winners
The awards ceremony took place on 12 May 2016 at the 5 star Grange Tower Bridge Hotel in London.