Regulation
Wealth managers
Lloyds Banking Group is hoping to raise £1bn from the sale of its 60% stake in St James's Place Wealth Management(SJP), according to reports.
05 November 2012
•
2 min read
Equities
Britain's largest bank HSBC has set aside an extra $800m to cover settlements for breaching anti money-laundering rules in the US.
05 November 2012
•
1 min read
Wealth managers
Pension and severance payments totalling £412,000 handed to the former chief executive of the Serious Fraud Office (SFO) have been ruled "irregular" by the National Audit Office (NAO).
02 November 2012
•
Wealth managers
High street bank staff who missed sales targets were named and shamed, forced to work late and threatened with the sack, according to the Unite union.
01 November 2012
•
Wealth managers
Legal & General has said it is preparing to launch its RDR proposition on 19 November as it announces interim results for the first nine months of the year.
01 November 2012
•
Wealth managers
US regulators have proposed a $470m fine for Barclays after the bank was found to have manipulated the American electricity market.
01 November 2012
•
Wealth managers
Incidences of whistle-blowing to the Financial Services Authority (FSA) have increased markedly since the onset of the financial crisis four years ago, figures suggest.
31 October 2012
•
Wealth managers
A care home group is suing Barclays for £37m over the rigging of LIBOR in a landmark case which could force the bank to disclose the names of managers involved in the scandal.
30 October 2012
•
Wealth managers
The Financial Services Authority (FSA) is to set the income threshold under which firms will only have to pay the minimum annual fee at £100,000.
30 October 2012
•
