04/19/2017
IMF raises doubts on European banks' ability to generate sustainable profits
Overbanking in the industry is one of the main reasons for low margins
Legal, Regulation & Compliance
04/19/2017
L&G pays out £606m for protection claims in 2016
The average age of claimants was 41 years old.
04/19/2017
Linklaters scraps individual partner targets in effort to boost focus on teamwork
Annual partner reviews to be ditched in favour of more regular feedback
04/18/2017
Watchdog probes risk of fund manager failure
Financial Conduct Authority investigates whether 'disorderly' failure of investment managers could disrupt the financial system.
04/18/2017
City fund manager calls for investigation of performance figures
Alan Miller asks regulator to test if shareholders received ‘misleading’ information
04/18/2017
FCA probes 'disorderly' investment manager failure
The regulator is also examining product design and portfolio oversight, questioning some of the motives behind new products.
04/18/2017
Mifid rules on research payments will harm investment boutiques
Saracen’s Graham Campbell worries about the cost of research for asset managers
04/18/2017
BANK WARNS: Don't get caught out by top scams
It said customers can protect themselves by checking the item description carefully and reading the website's dispute resolution policy before buying.
04/18/2017
Andrew Bailey speech for the publication of FCA corporate documents
They explain how and why we regulate financial conduct in the UK and what we want our regulation to achieve, our view of the issues and challenges in the sectors we regulate, our plan and priorities for the period ahead and and the budget we are setting.
04/18/2017
Herbert Smith Freehills - Financial regulation update
ESMA MoU under EMIR
04/18/2017
UK advisers face 5% fee hike
It is also budgeting £2.5m for EU withdrawal.
04/18/2017
Linklaters, Ashurst, Pinsents and Taylor Wessing among contenders for Legal Week Innovation Awards
The awards, which are in their third year, set out to celebrate the contribution made by lawyers and non-fee-earning staff to the success of their businesses.
04/18/2017
Bank Brexit exodus seen hastened by close regulator scrutiny
The risk is that there may not be any clarity until after the German elections in September.
04/18/2017
FCA flags concerns about advice suitability and cost
Conflicts of interest in vertically integrated firms
04/16/2017
Asset management staff brace for bonus cuts into 2017
Disappointing investment performance has driven remuneration down at fund houses
04/13/2017
Obtaining Cypriot citizenship by investment
Cyprus is at the crossroads of Europe, the Middle East and Africa, making it ideally suited for inward investment.
04/13/2017
Credit Suisse faces pay fight
Institutional Shareholder Services urges investors to reject excessive packages for executives at annual meeting
04/12/2017
TISE gains recognition from German regulator, BaFin
The application to BaFin was supported by the German Investment Funds Association, BVI (Bundesverband Investment und Asset Management).
04/12/2017
Herbert Smith Freehills - Financial regulation update
FCA/HMT progress report and consultation on FAMR
04/12/2017
Appleby advise PraxisIFM on its listing on The International Stock Exchange
The transaction is an excellent example of the expertise of our pragmatic, client-centric and solution driven cross jurisdictional team.