News

Regulators have fined companies and top bosses about £1bn for fraudulent activities since 2007, a report due out today has found.

Wealth manager Towry has revised plans to list in the coming months, telling the FT it has raised enough private funds to expand through acquisitions.

New tighter rules governing the sale of 'packaged accounts' have come into force.

The Financial Services Authority (FSA) ceased operation yesterday and was replaced by two powerful regulators.

Lord Adair Turner, the last chairman of the now-disbanded Financial Services Authority (FSA), has joined the economics think tank founded by billionaire George Soros.

Standard Bank and Calastone appoint and expand

Investec Asset Management believes this year's BRICS Summit recently held in South Africa was more about communication between the five countries rather than coordination which is a concept still in its infancy.

The Tax Incentivised Savings Association (TISA) is writing to the Treasury to ask for a one-year delay on the proposed rebate tax, after estimating the costs to the industry far outweigh the tax likely to be recouped.

Santander has confirmed it has stopped offering investment advice to new customers resulting in the potential loss of 724 jobs.

Upmarket wealth manager St James's Place paid £12,750 for a speech from Labour MP David Miliband at its annual conference.