Once again, Devon Prep’s excellent golf team reigned supreme as its quest for a PIAA Class 2A state championship remained alive.
Devon’s victory in the PIAA Regional Tournament came against a familiar.
Most former Reyker clients get 80% compensation
By Jean-Baptiste Andrieux 13
th April 2021 3:40 pm
Most of the 11,500 former clients of collapsed wealth management firm Reyker Securities plc have regained access to their assets.
An update from the Financial Services Compensation Scheme reveals how the settlement came about.
It says close collaboration with joint special administrators at Smith & Williamson returned the assets quickly.
Since the end of January 2021, Smith & Williamson and Reyker have been transferring the assets of their former customers to new nominated brokers.
So far up to 90 per cent of these assets have been either transferred or instructed for transfer.
This represents slightly more than 80 per cent of the customers’ total holdings.
Bank names CEO, while UK lifeboat scheme COO steps down
LGT
Roland Matt is set to become LGBT Bank’s chief executive and a member of the board of LGT Private Bank, effective from 1 January 2022.
He will succeed Roland Schubert, who will take on a directorship role at the bank.
Matt joins from Liechtensteinische Landesbank, where he served as a board member since 2009 and as group chief executive since 2012.
Financial Services Compensation Scheme (FSCS)
The UK lifeboat scheme’s first chief operating officer, Jimmy Barber, will step down in April 2021.
He took on the c-suite position in January 2016.
As of 1 February 2021, head of operational support Sarah Marin took on the role of interim chief customer officer.