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Alliance targets SMEs with new insurance policy

By: Eugenia Jimenez | 13 Dec 2017

Spanish insurer Alliance Seguros has launched Allianz Negocios Plus, an insurance solution aimed at covering the needs of SMEs and businesses. Allianz Negocios Plus offers three product…

Saxo Bank strikes deal with Spanish boutique Rentamarkets

By: Eugenia Jimenez | 12 Dec 2017

Spanish independent boutique Rentamarkets has reached an agreement with Danish Saxo Bank that will enable the Spanish manager to incorporate Saxo Bank’s trading technology directly to its applications…

Portuguese fund industry worth €57.47bn in October 2017

By: Eugenia Jimenez | 11 Dec 2017

Portuguese asset management industry representative Associação Portuguesa de Fundos de Investimento, Pensões e Patrimónios (APFIPP) reports that assets under management (AUM) of Portuguese funds have risen by…

KBL epb names Asset Management director for Spain

By: Eugenia Jimenez | 07 Dec 2017

Luxembourg-headquartered investment group KBL European Private Bankers (KBL epb) has appointed Carlos Hernández as asset management director, succeeding Joan Bonet who works now as head of markets…

Bankinter expands Multiselection range

By: Eugenia Jimenez | 07 Dec 2017

Bankinter’s asset management division has launched the Bankinter Multiselección Defensivo fund, a multiselection fund of funds that raises to three the number of funds included in Bankinter’s…

Bestinver opens Valencia office

By: Eugenia Jimenez | 05 Dec 2017

The Spanish independent asset manager Bestinver is opening its first office in 17 Paseo Moratín in Valencia, aimed at offering a greater service to its clients in…

CaixaBank AM appoints head for new Investment Solutions unit

By: Eugenia Jimenez | 04 Dec 2017

The Spanish manager CaixaBank Asset Management (Caixabank AM) has appointed Jorge Colomer as head of its newly-created division Investment Solutions. The division will be mainly responsible –…

Santander to sell US TotalBank to Chilean bank BCI

By: Eugenia Jimenez | 01 Dec 2017

The Spanish bank Santander is to sell the US subsidiary of Banco Popular TotalBank to the Chilean banking group BCI for $528m (€444m) in an operation expected…

Julius Baer bolsters Madrid-based Portuguese unit

By: Eugenia Jimenez | 01 Dec 2017

Swiss financial group Julius Baer has appointed Nuno Sampaio and Telmo Fogaça as private bankers for its Portuguese division. Both Sampaio and Fogaça join Julius Baer from Banque…

Andbank Spain boosts financial advisory network

By: Eugenia Jimenez | 30 Nov 2017

Andbank Spain has appointed 11 financial advisers to collaborate with its private banking business throughout 2017, raising to 108 the number of financial advisers who currently work…

BBVA sells 80% of its real state business to Cerberus for €4bn

By: Eugenia Jimenez | 30 Nov 2017

The Spanish group BBVA is to sell 80% of its property business in Spain to Cerberus Capital Management’s subsidiary with the aim of reducing BBVA’s exposure to…

Ibercaja targets customers with ‘profiled funds’

By: Eugenia Jimenez | 29 Nov 2017

Spanish banking group Ibercaja aims at promoting its profiled funds range for customers, which had not been actively distributed before. The company – which has not confirmed…

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