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banks

Investment

Investment banker charged with insider dealing

The Financial Services Authority (FSA) has charged an investment banker with insider dealing and money laundering, along with two associates.

clock 04 August 2011 •

Regulation

FOS: 'Real challenge' with PPI still to come

The Financial Ombudsman Service (FOS) has predicted the full force of the payment protection insurance (PPI) mis-selling saga may not be felt until the second half of the financial year.

clock 02 August 2011 •

Regulation

Govt brings forward move to help SMEs find equity finance

Financial secretary to the Treasury, Mark Hoban MP, has announced that two deregulatory amendments to the EU Prospectus Directive have been brought into effect a year early by the UK to help small businesses access equity finance more cheaply and effectively....

clock 01 August 2011 •

Regulation

Banks' FSCS levy upped by £7.3m

The Financial Services Compensation Scheme (FSCS) levy will increase by £7.3m next year to meet the cost of the collapse of Southsea Mortgage and Investment Company, but only banks are likely to be affected by the rise.

clock 26 July 2011 •

Your profession

Five things your clients will call you about this week

A warning about underperforming Child Trust Funds, dividends on the rise again, and the pros and cons of low-cost funds. Here is IFAonline's round-up of the weekend's national newspapers...

clock 25 July 2011 •

Economics / Markets

Morgan Stanley 'is new Goldman Sachs' - today's papers

Morgan Stanley has been dubbed 'the new Morgan Sachs' after its equity and bond traders captured market share from rivals over the past quarter.

clock 22 July 2011 •

Economics / Markets

Merkel and Sarkozy in eleventh-hour Greece pact - today's papers

German Chancellor Angela Merkel and French President Nicolas Sarkozy have hammered out a common position on the euro debt crisis.

clock 21 July 2011 •

Your profession

IFA rises from ashes of bank branch

During an era when some banks sought to establish themselves in the world of financial advice, one Lancashire independent financial adviser has turned the tables. Well, sort of...

clock 12 July 2011 •

Your profession

Desperate to quit banking? Become a tribal healer

Thomas Heathfield chose perhaps the most extreme route out of high street bank consultancy ever heard of.

clock 01 July 2011 •

Economics / Markets

HSBC blames RDR for cull of 460 adviser roles

HSBC has confirmed around 460 adviser roles will be cut in a "re-shaping" of its UK business model ahead of the Retail Distribution Review (RDR).

clock 30 June 2011 •
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