03/31/2014
RBS, Barclays, UBS, Credit Suisse, Zuercher Kantonal Bank, Julius Baer, JP Morgan and Citigroup are being probed by Swiss competition commission, Weko.
03/31/2014
The Financial Conduct Authority has said it will hire external lawyers to aid it in investigating its handling of events Friday, when the FTSE 350 life insurance index fell by as much as 7.1% amid press reports of a probe by the regulator into 30 million
03/31/2014
The Financial Conduct Authority has revealed it is increasing its head count to meet the demands of investigating banks and insurers, as well as extending supervision to the margins of the consumer credit industry.
03/28/2014
While there is understandable concern in Government about assuring DC scheme quality, a charge cap is not the best way to achieve good outcomes and this was a key finding of the 2013 Office of Fair Trading market study.
03/28/2014
The policies being investigated were written before 2000 when British interest rates were higher, which influences where exit fees are set, the source said.
03/27/2014
Advisers are doing a “very good job” filling the gap left by large retail banks, which have largely pulled out of the advisory market, Clive Adamson has said.