Regulation
UK
The Prime Minister David Cameron has rejected calls from an MP for an independent inquiry into the Arch cru investment funds scandal.
16 January 2012
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Financial services
The Treasury Select Committee (TSC) today highlights the FSA's swift dismissal last year of a proposal to delay the introduction of RDR as evidence of accountability and culture failings at the regulator, and said the same problems must not "plague" its...
13 January 2012
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Financial services
Kashya Hildebrand - the wife of Switzerland's former central bank chief - has made a TV apology to the Swiss people and her husband for the $504,000 (£324,067) currency transaction that led to his resignation.
13 January 2012
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Financial services
The Financial Services Authority (FSA) has not used mystery shoppers for at least 18 months, despite a promise from Hector Sants that the regulator would make more use of the tactic.
12 January 2012
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Financial services
Police have arrested five men as part of its investigations into a small number of suspicious trades reported by Bristol-based stockbroker and wealth manager Rowan Dartington.
12 January 2012
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Europe
Swiss National Bank chairman Philipp Hildebrand will receive a CHF900,000 (£615,000) payoff as he leaves the central bank following a scandal over his wife's currency trades.
12 January 2012
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UK
The Royal Bank of Scotland (RBS) today announced its plan to cut 3,500 jobs as part of a reorganisation of its investment bank, which will see the sale or closure of the equities and corporate broking divisions.
12 January 2012
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Financial services
The FSA has extended its investigation into advisers who sold Arch cru funds to include inherited or acquired clients.
11 January 2012
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