05/31/2021

Credit Suisse’s RenTech Fund Holds Back Some Client Cash

Redemption demands at the fund trigger a hold back clause, which means clients will receive 95% of their funds after two months, with the remaining 5% expected to be paid out in January, after the fund’s year-end audit.

05/28/2021

Greensill: Credit Suisse Ignored Warnings

It didn't stop there: when investment bankers in the trade finance department learned that companies controlled by Gupta were granted more than $10 billion in credit through a series of investment funds, they alerted compliance executives, according

05/28/2021

Utmost Group sees year end assets leap 22% to over £36bn

Utmost Group, which aims to complete the purchase of Quilter International by the end of this year, unveiled assets under administration of £36.7bn at 31 December 2020, compared to £30.1bn at the end of 2019 on the back of the Equitable Life a

05/27/2021

Hawksmoor consolidates during 2020

Sarah Soar described this as “a very satisfactory result” following such a strong year in 2019, and with the Company having to adapt very rapidly to remote working during 2020 due to COVID-19.