News

The FSA has banned Scott Robert Merrell for submitting false mortgage applications to lenders in order to launder drugs-trafficking money.

Guillaume Rambourg, the European equity manager under FSA investigation, has resigned from Gartmore.

Specialist asset manager Osmosis Investment Management has appointed Rory Sullivan as head of responsible investment (RI).

Standard & Poor's (S&P) has improved Royal London's rating outlook to ‘positive', saying the life company is now a more competitive force in the UK market place.

Prosecutors today raided 13 branches of Swiss bank Credit Suisse in Germany in connection with allegations staff helped clients evade taxes.

The ABI has backed a Government announcement it will set up a commission looking into the funding of long term care.

Former Newton Investment Management chief executive Colin Harris has joined the board of AIM-listed wealth manager Brooks Macdonald.

Westfield Health has launched a new brand and medical insurance product, Health365, in what it claims will be a significant development in the health insurance market.

Fidelity plans to gradually develop a more holistic proposition uniting the retail and corporate parts of its platforms.

The FSA has outlined its timetable and intentions for dealing with the splitting of its responsibilities amongst several regulators.