Financial services
Financial services
The European Commission has proposed a tax on financial transactions to help fund the cost of the eurozone rescue package which could see investors in UCITS fund being hit with a triple blow.
28 September 2011
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Financial services
The FSA today said it "welcomed" the government's intention to give regulators new powers to publicise when a warning notice has been issued against a firm, but claimed the powers do not go far enough.
23 September 2011
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Financial services
The FSA and the Swiss Financial Market Supervisory Authority (FINMA) are launching an independent investigation into the events surrounding the huge trading losses incurred by UBS, allegedly as a result of the actions of 'rogue trader' Kweku Adoboli....
16 September 2011
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Financial services
The UK government is to take legal action against the European Central Bank (ECB) over a planned change to European banking rules it warns could harm the City of London.
15 September 2011
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Financial services
The final set of recommendations from the Independent Commission on Banking (ICB) has provoked a mixed response from commentators, with some warning the cost of the move could drive up risk taking by the banks, while others welcome the 'safety measures'...
12 September 2011
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4 min read
Financial services
The FSA is set to publish its first "health alert" shortly to warn about risky financial products, in a bid to halt the stream of mis-selling scandals.
31 August 2011
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1 min read
UK
Business secretary Vince Cable said UK banking reforms will go ahead despite criticism from industry leaders the plans threaten the economic recovery.
31 August 2011
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Financial services
The UK's major banks remain on course to meet their targets for lending to businesses as part of their commitment to Project Merlin.
12 August 2011
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