02/19/2015

Citi Private Bank Builds Out North America Asian Clients Group

"Citi Private Bank remains uniquely positioned to serve the Asian ultrahigh-net-worth market with our global presence and broad and deep wealth management platform," Ida Liu, managing director and head of the North America Asian Clients Group, s

02/18/2015

WMA clashes with FCA on restricted investment labels

The FCA has put marketing restrictions in place that impact how specific types of products are promoted to different types of retail investors and defines retricted products as 'non-mainstream pooled investments' and 'non-readily realisable

02/18/2015

Police raid HSBC's Switzerland Geneva office

In a statement, Swiss prosecutors said its probe into the troubled bank could be extended to "people suspected of committing or participating in money laundering."