05/02/2014
As the boss of Kweku Adoboli, who was at the centre of the 2011 rogue trading scandal that cost UBS $2.3bn, Hughes “should have been a role model to others”, the FCA said in a statement explaining why it has banned him from performing any regu
05/01/2014
As U.S. Justice Department prosecutors angle to bring the first criminal charges against global banks since the financial crisis, they’ll have to stare down warnings of uncontainable collateral damage.
04/30/2014
The richest countries, or those with the highest gross domestic product per capita on a purchasing power parity basis, were Qatar, Macao, Luxembourg, Kuwait, and Brunei.
04/29/2014
Wealth managers must also bear in mind the FCA requirements applicable to firms providing investment advisory and discretionary portfolio management services, when such firms are assessing the suitability of the advice they give to clients.
04/28/2014
It was by Richard Saunders, a former chief executive of the Investment Management Association, whose opinion was based on research the IMA published in May 2012 that claimed there is no relationship between trading activity and performance.
04/28/2014
What a difference a year makes. On April 18 last year, Barclays chief executive Antony Jenkins said that the investment banking division was so important that he wanted to “de-layer” the management structure giving him a “clearer line of