08/06/2013
The Financial Conduct Authority (FCA) has cancelled the permissions of insurance and mortgage broker Goldthorn Mortgage & Insurance Services following the liquidation of the company.
08/06/2013
Britain's accounting watchdog has launched its second investigation in as many days into Grant Thornton, the auditor and advisory firm named in a legal battle between property mogul Vincent Tchenguiz and the Serious Fraud Office.
08/05/2013
Private details of dozens of Bank of Scotland customers, including bank statements and passport copies, were repeatedly faxed to wrong numbers for four years
08/04/2013
Many of Europe's top banks have more than tripled their provisions for litigation and regulatory expenses over the past year
08/03/2013
Three civil servants who left the Serious Fraud Office with ‘golden goodbyes’ worth £1million have been urged to hand money back to taxpayers.
08/03/2013
The lawsuit alleges "anti-competitive and monopolistic behaviour in the warehousing market in connection with aluminium prices
08/02/2013
The PRA also claimed that an unknown number of investment banks face a shortfall of up to £29bn. These include US giants Goldman Sachs and JP Morgan, which both have large operations in the UK.
08/01/2013
Killik described the bill as a ‘large payment’ and said its size came down to the portion of costs it had to pay in order to compensate clients for the failure of other financial institutions.
08/01/2013
An examination of the European Insurance and Occupational Pensions Authority’s assessment of the future of Solvency II by Standard & Poor’s has led to claims that “numerous hurdles remain” ahead of a planned 2016 implementation
07/31/2013
The deal is valued at up to £5.99 million and is to be satisfied partly in cash
07/30/2013
The FCA with the assistance of the Metropolitan Police has this morning executed search warrants in West London.
07/30/2013
Italian prosecutors probing Monte dei Paschi's 2007 acquisition of a smaller rival are investigating U.S. investment bank JP Morgan over an alleged crime committed by one of its employees
07/30/2013
The combination will produce one of the top 25 law firms in the world by revenue, with 553 partners, 2,233 lawyers and 30 offices. Total turnover will be more than $1bn.
07/30/2013
The High Court ruling is an embarrassment for Prince Alwaleed bin Talal
07/29/2013
The preliminary findings of a British regulatory probe into its commercial agreements with Qatari investors
07/29/2013
he court action we have taken focuses on two investment schemes
07/28/2013
FCA is looking to return any money it makes from fining the directors of Arch Financial Products back to investors.
07/27/2013
More specifically, investigators are looking into £66M in fees supposedly paid to Qatar and allegations the bank loaned Qatar the money it invested in Barclays.
07/26/2013
Court tells Grant Thornton to release Tchenguiz reports
Accountancy firm Grant Thornton must release sensitive reports to property tycoons Vincent and Robert Tchenguiz
07/25/2013
How firms are implementing the RDR
Six months after introducing the Retail Distribution Review (RDR), we are publishing our findings on how firms are approaching it.