06/25/2015

Three Partners named in the Citywealth Leaders List

This is the tenth year of the list, which is compiled from the votes of a huge number of people within the private wealth management sector and their clients, extensive research, consultations and interviews.

06/24/2015

Britain’s Co-op Bank braces for fine over past problems

The Co-operative Bank could be fined by financial regulators next month, the British lender said on Tuesday, in settlement of an 18-month investigation of actions by former management and its 2009 merger with Britannia Building Society.

06/23/2015

PRA bans bonuses for management of tax-payer backed banks

Following responses to the consultation paper, the PRA and FCA will now explore further the option of requiring buy-out awards to be held in a form that permits them to be subject to malus by the previous employer.

06/23/2015

JFSC given power to impose financial penalties of up to £4 million

The introduction of financial penalties strengthens the sanctions that the Jersey Financial Services Commission can impose to deal with significant and material breaches of our Codes of Practice. This will bring us in to line with similar powers exercised