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News

Structured Products

Morgan Stanley offers second tranche of structured deposits

Morgan Stanley has unveiled the Morgan Stanley Protected Growth Deposit Plan 2 and the Morgan Stanley Simple Growth Deposit Plan 2.

clock 06 April 2011 •

Companies

Nationwide follows Lloyds in interest-only crackdown

Nationwide Building Society has announced it is to restrict the maximum LTV of its interest-only mortgages to 75%.

clock 05 April 2011 •

Investment

Midas Capital founder Edwards to exit MAM

MAM Funds' Simon Edwards is retiring from the firm in September.

clock 05 April 2011 •

Economics / Markets

OECD slashes UK Q2 growth forecast

The OECD today cut its second-quarter growth forecast for the UK to 1% from 1.3%, but said growth prospects for the G7 nations were rosier.

clock 05 April 2011 •

Individual

National Friendly withdraws products from market

National Friendly has withdrawn its Five Year Fixed Healthcare and Healthguard products for sale to new customers.

clock 05 April 2011 •

ETFs

Investors buy ETFs to hedge inflation

Laurent Kssis at LaBranche Structured Products Europe (LSPE) discusses European ETF trades for the week ending 1 April.

clock 05 April 2011 •

PMI

MPs recommend 'vital' health bill amendments

MPs have proposed that GPs should share NHS commissioning duties with other representatives, alongside a number of other significant amendments.

clock 05 April 2011 •

Regulation

European insurers voice "urgent" Solvency II fears

Representatives of the European insurance industry have written to the European Commissioner for the Internal Market and Services, Michel Barnier, to ensure that the "overly conservative and prescriptive" elements it believes are contained in the draft...

clock 05 April 2011 •

PMI

New hires at Canada Life and AXA PPP

Canada Life and AXA PPP have respectively hired Sue Grene and Elliott Hurst to senior positions.

clock 05 April 2011 •

Regulation

FSA replaces supervision and risk units as transition begins

The FSA today reached its "first milestone" in the transition to the new regulatory structure by replacing its supervision and risk units.

clock 05 April 2011 •
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