Royal Bank of Scotland is to close its equity capital market and corporate finance units in South Korea, alongside its cash equities businesses in Indonesia, Korea and Singapore.
The decision to close some units comes after an agreement with Malaysia's second-biggest lender CIMB Group Holdings Bhd, which is not buying the units, according to an internal memo seen by Reuters and later confirmed by the bank.
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
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MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
