The Financial Conduct Authority (FCA) has fined Standard Bank £7.64m for failings relating to its anti-money laundering (AML) policies and to procedures with corporate customers who are connected to 'politically exposed persons'.
The sharp drop in the UK unemployment rate and mounting expectations of a 2014 rate hike pushed sterling to a two-year high versus the US dollar in morning trading.
Wealth manager St James's Place (SJP) saw net inflows of £4.3bn in 2013, a 28% year-on-year rise.
Aviva CFO Pat Regan is to leave the company after three years to take up a post in Australia.
Equity markets across Asia have moved into the red after manufacturing figures suggested Chinese industrial activity has hit a surprise six-month low.
Fidelity has launched its own new-look pricing structure as it moves to wrestle control of the D2C market from Hargreaves Lansdown, but how does its pricing compare?
Investors are better off looking away from the US for their developed market equity exposure, Cazenove Capital multi-manager Marcus Brookes has argued.
SEI has appointed former Cofunds and Skandia CEO Brett Williams as managing director of its private bank platform, SEI Wealth.
Arch Financial Products chief executive Robin Farrell and compliance director Robert Addison have today been accused of giving inconsistent evidence, lying and distorting the facts during their High Court battle.
The Bank of England has again moved to temper expectations of an early rate rise, despite the UK unemployment rate dropping to close to the crucial 7% mark this morning.