09/08/2014
KPMG: U.K.'s big banks cut lending by more than half a trillion dollars
A wall of money has gone out of the banks and into fines and redress," says KPMG's U.K. head of banking Richard McCarthy.
Comment, Analysis & Research
09/08/2014
Threadneedle UK Equities AG Under Review
The fund previously held a Silver rating. Going forward Leigh Harrison, Threadneedle’s Head of Equities, has assumed responsibility for the UK Equity team and the fund will be managed by Chris Kinder, a senior fund manager and core member of the UK
09/07/2014
ABN AMRO Bank Jersey set to bring Durrell overseas team together for annual Conservation Symposium
This year’s event will be the first to be supported financially by a corporate partner.
09/07/2014
Fitch sees Austria's Volksbanken failing ECB stress test
Fitch said it was unaware of any concrete plans to transfer non-core OeVAG assets to a state vehicle
09/07/2014
Fitch Affirms Hypothekenbank Frankfurt International at 'A-' on Merger
Commerzbank's Long- and Short-term IDR, Support Rating (SR), and senior debt ratings reflect Fitch's view
09/05/2014
State pension 'unviable' for Generation Y
If you’re under 30 then you’ll need to pay for your own retirement, as one expert predicts the cost of the state pension is so unsustainable that it won’t exist in 30 years.
09/05/2014
Banks Said to Delay Hiring on Tougher Internal Scrutiny
UBS AG and Barclays Plc have pulled job offers and delayed start dates as banks toughen background checks after scandals heightened scrutiny of individuals’ behavior
09/04/2014
Dutch Banking Tax Study Flawed, Says ABN AMRO
Dutch bank ABN AMRO has criticized a new report, The Fair Banking Guide, published by the Dutch BankWiser after an investigation into international tax avoidance in the Dutch banking sector.
09/02/2014
Top pension fund assets hit $15 trillion
Total assets of the world’s largest 300 pension funds grew by over 6% in 2013 to reach a new high of almost US$15 trillion.
09/02/2014
Non Cleared Derivatives Industry Survey
New regulations governing the margining of non-centrally cleared OTC derivatives are rapidly being developed.
09/01/2014
Athens or Beunos of the North - Edinburgh? by Justin Urquhart Stewart
As the Referendum on independence rolls towards us, sadly I feel that emotions are rising ahead of the logic on economic strength and capability.
09/01/2014
Back to the future by Tim Price
Much of what we think we know isn’t necessarily so.
08/31/2014
Barclays complaints fall by a quarter in first half of 2014
Customer complaints at Barclays fell by a quarter in the first half of 2014, the bank said on Friday, led by a decline in cases relating to the mis-selling of loan insurance. The bank said total complaints fell 26 percent year-on-year, dropping to 284,00
08/29/2014
Private Wealth Inflows Buoy Hedge Funds To $2.9 Trillion – Preqin
Despite competition increasing in the past 12 months, 64% of managers of pooled hedge fund products reported their assets had increased
08/29/2014
Average bonuses rise 4.9 per cent
Bonus payments in the UK rose to £40.5bn in the year to April, up almost five per cent on a year ago.
08/28/2014
British Nationals Send Powerful Message to Property Investors Across the World
UK, India and Pakistan top Dubai real estate investor list for start of 2014 as countdown begins for 13th edition of Cityscape Global
08/27/2014
SEI Poll: DC Schemes To Change Outdated Default Strategy Design
Sixty-Two Percent of Respondents Expect Pension Scheme Members Will Keep Monies Invested via Flexible Drawdown Post Retirement; 25 Percent Believe Members Will Purchase an Annuity
08/27/2014
Independence Referendum: Scotland’s Exit Won’t Have A Significant Impact On The UK’s Ultra Wealthy Numbers
Wealth-X data shows there are 10,910 ultra high net worth (UHNW) individuals (defined as those with at least US$30 million in net assets) in the UK with a combined net worth of US$1.38 trillion.
08/27/2014
Demand for Islamic Sovereign Bonds on the Rise, Says BLME
One of them, Bank of London and the Middle East, doesn’t appear to have any hard feelings about it and applauds the rise in sovereign sukuks as they will help accelerate the development of the global Islamic finance market.
08/26/2014
Advertised UK salaries rise for first time since crisis, jobs website finds
The average advertised salary in July 2014 rose to £33,873, a 0.9% advance on the previous year.