Financial services
Financial services
A 44-year-old man employed at Legal & General Investment Management has been arrested by the Financial Services Authority (FSA).
17 February 2012
•
1 min read
Financial services
A firm has been fined £97,600 by the Financial Services Authority (FSA) for mis-selling unregulated collective investment schemes (UCIS), some of which have since wound up resulting in potential investor losses.
15 February 2012
•
Financial services
The Attorney-General has called for the first inspection of operations at the Serious Fraud Office(SFO).
15 February 2012
•
Financial services
Five current and former employees of Royal Bank of Scotland's(RBS)investment banking arm have been arrested as part of a wider investigation into tax evasion thought to involve at least two other City banks.
12 February 2012
•
Economics
Retail investors are twice as likely to pay more for actively-managed funds than reduced costs for index trackers, research from Lipper has revealed.
08 February 2012
•
Economics
Royal Bank of Scotland (RBS) has been ordered by the Isle of Man regulator to pay compensation to the family of a man following a mis-selling investigation.
08 February 2012
•
Financial services
The government has once again turned down a request from an MP for an independent investigation into the Arch cru collapse.
07 February 2012
•
Financial services
AXA IM has hired Lyxor Asset Management CEO Laurent Seyer as its global head of investment solutions.
02 February 2012
•
Financial services
A UK bond trader has pleaded guilty to overstating the value of mortgage-backed bonds when working at Credit Suisse at the start of the financial crisis.
02 February 2012
•
