03/24/2014
Regulatory pressures on advisers to ensure investment recommendations are suitable for clients, particularly from a risk point of view, has resulted in a number of risk-rated, risk-targeted and risk-managed solutions appearing on the market.
03/24/2014
Execution-only platform Fidelity Personal Investing is calling for an outright ban on exit fees from all long-term savings products, and has promised to refund customers hit by the fees who move to its platform.
03/21/2014
The U.S. Department of the Treasury’s Office of Foreign Assets Control today designated sixteen Russian government officials, members of the Russian leadership’s inner circle, including a Russian bank pursuant to Executive Order (E.O.) 13661,
03/20/2014
Farid ‘Diabl0’ Essebar, one of the creators of the Zotob worm, evaded the authorities for the last three years, and is accused of causing $4 billion worth of damage
03/20/2014
Arbitrators appointed by the Spanish government are considering claims that might leave rescued lenders Bankia SA, NCG Banco and Catalunya Banc liable to pay compensation to individual investors who bought as much as 3.1 billion euros of junior debt.
03/19/2014
France's highest court upheld a prison sentence for a one-time rogue trader convicted of carrying out one of the biggest trading frauds in history, but threw out the 4.9 billion euros ($7 billion) in civil damages he'd been ordered to pay back.