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News

Your profession

Lloyds sends top bankers to comedy school

Ten top members of staff at Lloyds Banking Group have been sent to London's Comedy School to improve their leadership skills.

clock 09 December 2011 •

Investment

Discovery of Arch Cru data reveals extent of losses

A group of Arch Cru investors have obtained figures which show the extent of the losses suffered by the fund range in the run up to its suspension.

clock 09 December 2011 •

uncategorised

HSBC mis-selling scandal: Ex-NHFA adviser dismisses bank's claims

A former Nursing Home Fees Agency (NHFA) adviser has scoffed at banking giant HSBC's attempts to distance itself from a mis-selling scandal which led to almost 2,500 pensioners being sold unsuitable investment bonds.

clock 09 December 2011 •

uncategorised

MPs claim NEST will be 'nobbled' by private providers

MPs have questioned the role of the National Employment Savings Trust (NEST) since other master trust pension schemes have entered the market.

clock 09 December 2011 •

uncategorised

SIPP consolidation on hold as firms wait for cap ad rules

The expected consolidation of providers in the SIPP market is being held up by fears over increased capital adequacy requirements, a provider has said.

clock 09 December 2011 •

Regulation

The FSCS, Keydata and the domino effect

The pursuit by the FSCS and FSA of advisers who recommended Keydata products looks set to create a domino effect that will cascade far and wide.

clock 09 December 2011 •

Offshore Investment

EU fund proposals will help finance growth

New proposals relating to marketing rules on venture capital funds as well as new regulations allowing the managers of social investment funds to market them across Europe will help finance European growth.

clock 09 December 2011 •

Offshore Investment

PPI finds favour on mainland Europe

Whereas payment protection insurance (PPI) has floundered in the UK market, on mainland Europe loan and credit card payment protection insurance is "alive and well," reports research consultancy Finaccord.

clock 09 December 2011 •

Economics / Markets

Lloyds chief must reapply for own job

Lloyds Banking Group's chief executive António Horta-Osório is having to reapply for his own job as doctors prepare to give him the go-ahead to return to work from sick leave.

clock 09 December 2011 • 1 min read

Investment

FSA report on RBS calls for more power for regulators - reports

Regulators should be given greater powers to block hostile bank takeovers in order to avoid a future crisis like the one that forced Royal Bank of Scotland's (RBS's) into a £45bn taxpayer bail-out, the chairman of the Financial Services Authority (FSA)...

clock 09 December 2011 •
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