News

The Co-operative Bank has reached agreement with the Prudential Regulation Authority (PRA) to plug a £1.5bn capital hole in its balance sheet.

A mortgage broker has pleaded guilty to 12 criminal offences in a case brought to Maidstone Crown Court by the Financial Conduct Authority (FCA).

Is cash now the go-to asset? Leading investors are rediscovering its attractions as market valuations reach breaking point and inflation levels drop to historic lows.

Paul Tucker, deputy governor for financial stability at the Bank of England, is to leave later this year after more than 30 years of service.

Former Bradford & Bingley group finance director Chris Willford is potentially facing a £100,000 fine from the Financial Conduct Authority (FCA) after losing in the Court of Appeal yesterday.

Royal Bank of Scotland (RBS) has pulled out of the retail structured product market due to high capital costs.

Morgan Stanley has launched a structured product, the Morgan Stanley UK Giants Selector Plan 2.

Cazenove Capital's European manager Chris Rice has left the firm, ahead of Schroders' takeover of the group next month.

Respect MP George Galloway has tabled an early day motion (EDM) to draw attention to the failure of Arch Cru funds between 2006 and 2009.

Results released for the Professional Adviser International Fund & Product Awards 2013