Financial services
Financial services
Terry Smith, the City veteran planning to start his own fund group, warns of the "pernicious danger" of adviser inactivity following the RDR.
29 September 2010
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Financial services
Goldman Sachs has agreed to pay a fine of £20m to the FSA after failing to disclose trader Fabrice Tourre was under fraud investigation by the US Securities & Exchange Commission.
09 September 2010
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Financial services
The FSA is set to turn the regulatory spotlight on the valuation of traded positions and is calling for a specific assessment of valuation uncertainty.
25 August 2010
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Financial services
Several of Spain's 18 savings banks have failed tests to see how they would cope with worsened economic conditions, according to reports.
23 July 2010
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Financial services
The FSA has levied its largest ever fine of £33.32m on J.P. Morgan Securities for client money breaches over a seven-year period.
03 June 2010
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2 min read
Financial services
UBS's Tom Digenan has been increasing his exposure to banks despite his view that the sector will be hit by stricter regulation on capital requirements.
24 May 2010
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Financial services
The FSA has fined Credit Suisse £2.5m - reduced to £1.75m due to early settlement - for failing to submit accurate transaction reports.
08 April 2010
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