Companies

The demise of Archegos Capital Management, a New York-based family investment office overseen by Bill Hwang at the end of March, will almost certainly inflict significant losses on a number of global investment banks that provided it with prime brokerage facilities.

We Are Guernsey – the brand through which Guernsey Finance promotes the island’s financial services industry globally - has produced a guide to encourage best practice for single and multi family offices.

The UK trust business of Coutts and NatWest has been sold to a new firm, Ludlow Trust Company under an agreed acquisition deal.

Private investment house Queensgate Investments has appointed Gary Jones as chief operating officer and Daniel Peart as general counsel.

A network of UK family offices have taken part in a $13 million for the Indian equivalent of TikTok, Chingari.

Wealth feels like a private matter, but in reality, is often subject to public scrutiny. Wealthy individuals can be thrown into the limelight, whether they like it or not.

It may have been a fictional invention to illustrate the absurdity of the financial speculation associated with the South Sea Bubble of 1720.

Sanlam UK is urging advisers to give investment bonds renewed attention.

Financial services group Octopus has launched a new service designed to “fill the gap” between robo-advice and traditional financial advice.

Schroders Personal Wealth (SPW) has announced it will remove commission on any protection advice when discussing wider financial planning with clients.