Industry commentators have welcomed the proposals in the Mills Review – such as adapting the regulatory perimeter – but expect the regulator to now undertake a substantial amount of work. Commenting ...

Despite Hermes and Royal London, among others, publicly announcing ahead of the company’s AGM on Thursday, their intention to vote against Schroders’ decision to appoint former chief executive Michael ...

Standard Chartered has confirmed that its Guernsey trust business has been liquidated following an application by the bank. On 19 May 2020, the Royal Court of Guernsey ordered Standard Chartered Trust ...

Bank of Valletta chief executive Charles Borg said the new office would compliment the operations of the bank’s EU Business Development arm, which seeks to position the bank as “the key intermediary ...

A landmark review by the FCA has found AI could reshape financial services by 2030, changing how firms operate, consumers make decisions, markets compete and risks emerge. The Mills Review, ...

Four cases, including UBS, remain unresolved, a Financial Market Supervisory Authority (Finma) spokesperson confirmed on Tuesday. The other three banks were not named. “There will be always cases of ...

The financial services group has made 92 promotions across its global offices, including four senior appointments. The promotions, which cover all levels from administrator to divisional chief ...

The Singapore arm of Prudential is looking to recruit 500 financial consultants throughout 2021, as the covid-19 crisis increased awareness and demand for insurance products. Of the 500 vacancies, the ...

Investment and wealth planning solution distributor The AMCS Group has created a strategic alliance with private placement life insurance solution consultant Southeast to expand their offerings in ...

The Malta Financial Services Authority (MFSA) has reportedly demanded former chief executive Jospeh Cuschieri hand back over €23,000 (£20,766, $28,006) in additional payments he received between 2019 ...

Regan has been at the helm of the company for three years. David Montgomery, managing director of M&G Wealth Management, will lead Ascentric, with the help of Richard Denning who becomes interim chief ...

FPI, part of the Aviva group, has appointed Sean Ohuaithne as finance director with immediate effect. He was previously finance transition director for FPI and before that chief financial officer of ...