05/21/2015
Adviser fraudster victim in HSBC compensation fight
However, HSBC is refusing to acknowledge the fraud
Legal, Regulation & Compliance
05/21/2015
Deputy chairman of management board of Trust Bank arrested in Russia
The Central Bank decided that Trust Bank should be bailed out with the assistance of the Deposit Insurance Agency.
05/20/2015
FCA bans adviser for UCIS recommendations to low income clients
Recklessly recommended high risk investment products to eight retail clients, when he was aware that he could not justify their suitability;
05/20/2015
Deutsche Bank says German prosecutor won't probe CO2 emails
German media have raised critical questions in recent weeks over the degree of management board knowledge in the carbon trading scandal, saying confidential emails showed executives knew of the potential for the bank to be misused.
05/20/2015
FCA fines Barclays £284,432,000 for forex failings
This is the largest financial penalty ever imposed by the FCA, or its predecessor the Financial Services Authority (FSA).
05/20/2015
The tricks used by 'coiled cobra' market-riggers
One rule-breaker said "if you ain't cheating, you ain't trying", while others used hand signals to cheat clients and fix financial markets
05/20/2015
Banks Fined Nearly £4bn Over Exchange Abuses
Five major banks are forced to pay £3.7bn after a US investigation into the manipulation of the foreign exchange market.
05/19/2015
Deutsche Bank CEO denies false testimony charge
A guilty verdict would deal a deadly blow to Germany's biggest lender as it struggles to clean up its image in the wake of a long list of legal challenges in recent years.
05/19/2015
Bank worker is jailed for helping steal £123,000 after claiming she did it because conmen threatened to post naked pictures of her online
Anisyah Ali passed bank details to then-fiancé Salim Hussain and others
05/19/2015
Harper Macleod to expand Scottish footprint
HARPER Macleod has revealed plans to extend its geographical footprint in Scotland after the law firm boosted profits by 7.5 per cent to nearly £8 million in its latest financial year.
05/19/2015
Harper Macleod to expand Scottish footprint
The accounts cover a period during which Harper Macleod acquired private client firm Bird Semple in August
05/19/2015
Changes will dilute Whistleblower Act
The amendments passed in the Lok Sabha last week bars whistleblowers from tipping off the government on any information that may be construed as being related to national security and falls under the Official Secrets Act.
05/19/2015
UK banks appoint Sants to lead review of competitiveness
The British Bankers’ Association has commissioned the report after warning that tougher regulation and the higher bank levy were driving banks to shift investment and assets out of the country.
05/18/2015
Tony Hetherington: I invested nearly £2,000 but have I been stung by a wine investment scheme?
Tony Hetherington is Financial Mail on Sunday's ace investigator, fighting readers corners
05/18/2015
New regulatory measures anger European securitisation industry
Europe’s struggling securitisation industry has voiced frustration over new regulatory recommendations
05/18/2015
Stress tests of European pensions hotly opposed
The UK’s National Association of Pension Funds and a swathe of similar associations across Europe are fighting hard against the plans
05/18/2015
Has this $5.5bn rogue trading scandal got one more twist ?
Who knew what - and when ?
05/18/2015
Police inspector convinced SocGen managers knew of rogue trader - Mediapart
He left prison on parole last September with an electronic tag.
05/18/2015
Guernsey Funds Forum 2015 draws huge crowd
More than 500 people attended the Guernsey Funds Forum 2015 in London last week.
05/15/2015
Efama warns of tax obstacle to Capital Markets Union
The Capital Markets Union, a European measure to boost growth by more efficient allocation of people’s savings, is hindered by a proposed tax on securities transactions