Pictet Asset Management was the big winner in this year's Climate Change Investment Awards, being named Fund Management Group of the Year and highly commended in two other categories.
The FSA has issued further guidance for structured product firms after identifying weaknesses in the way providers design and approve the products.
Another week another damaging story for the structured products industry. The headline ‘FSA fines Credit Suisse UK £5.95m for structured product failings' undoubtedly sent terror into the hearts of investors.
The Financial Services Authority (FSA) has fined Credit Suisse £5.95m for systems and controls failings in relation to sales by its private bank of structured capital at risk products (SCARPs).
Apple, the world's biggest technology company, reported full year results showing net profits for the year to 25 September were $25.9bn (£16.5bn), up 85% on the previous year.