Regulation
Wealth managers
Banks led markets sharply lower in early trading but their shares have now stabilised as markets digest the long-awaited Independent Commission on Banking report.
12 September 2011
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1 min read
Wealth managers
The final report from the Independent Commission on Banking has recommended UK banks' retail and wholesale arms be split off, and said the 7% capital buffers required under Basel III do not go far enough.
12 September 2011
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2 min read
Wealth managers
A lawyer representing about 2,700 investors in the suspended Arch cru funds said today's letter from Capita detailing possible offers they could receive only created "more confusion not clarity".
31 August 2011
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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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Wealth managers
George Osborne and Vince Cable are set to go head to head over the Vickers' report into banking reform, as they debate the timetable for ringfencing retail banking operations.
15 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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Financial services
France, Italy, Spain and Belgium have temporarily banned short-selling of financial stocks in response to sharp share price falls across Europe.
12 August 2011
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