Wealth managers
Wealth managers
The Financial Conduct Authority is reviewing gold benchmarks as part of a probe into how global rates are set, according to reports.
20 November 2013
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1 min read
Wealth managers
US investment banking giant JPMorgan Chase has agreed a mammoth $13bn (£8bn) settlement in relation to sales of residential mortgage-backed securities which contributed to the financial crisis.
20 November 2013
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Industry
US futures firm MF Global Holding has been ordered to pay $1.2bn (£740m) in restitution to its customers over its collapse.
19 November 2013
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Wealth managers
The number of calls to the Financial Conduct Authority (FCA)'s ‘whistleblower hotline' to report suspected malpractice in the financial services industry has jumped 23% in the last year, according to figures obtained by law firm RPC.
18 November 2013
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2 min read
Wealth managers
The Financial Ombudsman Service's (FOS) chief ombudsman and chief executive Natalie Ceeney is to step down after four years in office.
15 November 2013
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Wealth managers
The chief executive of the Financial Services Compensation Scheme (FSCS) is "sympathetic" to calculating the scheme's levy based on the risk posed by specific businesses.
15 November 2013
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1 min read
Wealth managers
The Financial Conduct Authority (FCA) has banned former investment consultant Rahul Shah for encouraging another person to engage in behaviour which, if engaged in by Shah, would amount to market abuse.
14 November 2013
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2 min read
Wealth managers
The UK arm of international advisory firm deVere Group has been the target of another cloning scam, with perpetrators imitating its advisers and forging business cards to dupe clients, the firm's UK chief has said today.
13 November 2013
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1 min read
Wealth managers
Staff have been quitting the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) at nearly twice the rate seen prior to the move to split the regulator in to two bodies, reports have claimed.
12 November 2013
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1 min read
