Wealth managers

Regulators have fined the Royal Bank of Scotland (RBS), NatWest and Ulster Bank £56m for IT failures which meant customers could not access banking services.

Kames Capital chief executive Martin Davis has hit out at a recent Consumer Panel report that was highly critical of the structure of fund charges as "over-simplistic" and another "rant".

Financial Conduct Authority (FCA) chairman John Griffith-Jones said he is glad the Retail Distribution Review (RDR) did not take longer than expected, adding it achieved its aims despite failing to distinguish between guidance and advice.

The Financial Services Compensation Scheme (FSCS) expects to pay out £60m in claims against failed ARM bonds distributor Catalyst Investment Group this year.

The Financial Conduct Authority (FCA) has fined Chase de Vere Independent Financial Advisers £560,000 for failures surrounding the sale of Keydata products.

Killjoy? Why the FCA’s inducement crackdown is going too far

The Financial Conduct Authority (FCA) was born in the aftermath of a crisis, so that is all it knows, but it has laid the groundwork for making markets work well again, its chairman John Griffith-Jones is expected to say in a speech on Thursday.

European regulators are to pull back from proposals which seek to end fund managers' use of dealing commissions to pay for research, according to reports.

The Financial Conduct Authority (FCA) has fined five banks a total of £1.1bn following its investigation into alleged foreign exchange market manipulation.

Mario Mantrisi, chief strategy and research officer at data management group KNEIP, explains how MiFID II could eventually price advisers out of the market, while investors could end up paying more for managers with sophisticated research capabilities....