With immaculate timing, last Monday saw the New City Initiative thinktank call for the Financial Conduct Authority (FCA) to pay closer attention to smaller firms - hours before the regulator suggested it would do just that as part of a restructure.
New start-ups, the NCI said, “cannot support the financial cost resulting from increasing regulation”. Boutique businesses may be booming, according to the Investment Management Association’s latest...
Joins from Neptune
Also made hire in North America
This year or next
Financial Stability Report identifies risks posed by China; likely repricing to come
Building on strategic momentum