Former Polly Peck International (PPI) owner Asil Nadir has been jailed for ten years for stealing £29m from his businesses 20 years ago, the BBC reports.
The successor to Mervyn King will have an "unduly powerful role" thanks to Treasury plans to extend the powers available to the Bank of England (BoE), one of the bank's advisers has warned.
The self-invested personal pension (SIPP) market will see consolidation as a result of the Financial Services Authority's (FSA's) move of unregulated collective investment schemes (UCIS), a provider has said.
The Financial Services Authority (FSA) is proposing to ban the promotion of certain structured products as part of its wider effort to prevent the sale of unregulated collective investment schemes (UCIS) to retail investors.
Business tycoon Asil Nadir has been found guilty of a total of ten charges of theft from his now-collapsed Polly Peck empire.
The Financial Services Authority (FSA) has proposed to ban the promotion of unregulated collective investment schemes (UCIS) to the vast majority of retail investors.
Former Polly Peck International (PPI) owner Asil Nadir has been found guilty of stealing a total of more than £5.5m from the company in 1989 and 1990.
A former director of Barclays has accused the Commons Treasury committee of launching a "completely unacceptable" character assassination of the bank's former chief executive Bob Diamond.