05/01/2012
Northern Trust has announced today that it is providing specialist custody and asset administration services to help insurance clients, such as Sparebank1 Skadesforsikring, help prepare for Solvency II.
05/01/2012
The Financial Services Authority has used new powers to set up the scheme after investors seeking low-risk products ended up with high-risk assets such as shipping and venture capital.
05/01/2012
The City firm has made up four London associates and one in Frankfurt, down on the eight it promoted last year (6 May 2011).
05/01/2012
The FSA found that Christchurch’s Compliance Officer, Thornberry, failed to ensure that client money and assets were managed appropriately.
04/30/2012
Mr Moore’s complaint comes a week after it emerged that the former head of HBOS’s corporate bank, Peter Cummings, is to fight a seven-figure fine handed out by the Financial Services Authority for his part in the collapse of the bank.
04/30/2012
There had been speculation Mr Green could have been tasked with merging the SFO into one of the other crime fighting agencies.
04/30/2012
Beacon Capital has missed several interest payments on the Morgan Stanley loan used to buy Citypoint in 2007, the London- based newspaper said.
04/30/2012
Usually KPMG staff are paid on the last Friday of every month however, they will now have to wait until after the weekend.
04/27/2012
According to figures from the FSCS, it had received 38 compensation claims against CDH Insurance and Finance Consultants of Bangor in North Wales between 2011 and April 2012, and upheld 14 of these.
04/27/2012
Watson, whose start date has not yet been decided, will join BLP after 14 years in the partnership at Linklaters. She has been at the magic circle firm since joining as a trainee in 1990.
04/27/2012
He was previously a partner in Allen & Overy’s structured finance group
04/26/2012
The CA's freeze order was in response to an ex-parte petition filed by Philippine Anti-Money Laundering Agency, from which the UK's Serious Fraud Office (SFO) sought assistance.
04/26/2012
Britain's top banks such as Barclays, Lloyds and Royal Bank of Scotland have already been warned by investors to rein in excessive pay at a time of shrinking rewards for shareholders.
04/26/2012
The regulator has published its final guidance on traded life policy investments this morning, following an earlier guidance consultation in November.
04/26/2012
The European Parliament and the bloc's member states are approving a reform of securities trading rules known as MiFID, with specific elements curbing high-frequency trading (HFT).
04/26/2012
It also calls for the EU to drop the proposed “OTF” trading venue category, which risks opening the door to regulatory arbitrage.
04/25/2012
Senior executives from commodity trading group Glencore and brewer SAB Miller appeared to resist calls by campaign groups and development agencies for more transparency.
04/25/2012
The majority of those named will be informed via postal mail, although the 19,101 where only an email address is given can expect a heads-up from the FSA to drop into their email in-box in the next few weeks.
04/24/2012
This year's promotions round marks an increase on 2011-12, when 18 lawyers were made up. Last year six were also promoted in London.
04/24/2012
Firms lost hundreds of thousands and even millions of pounds in costs they claim they were never warned about.