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News

Regulation

FSA bares its teeth to small firms

The FSA has warned smaller firms to expect greater individual intervention where serious failings are found, as part of its intensive supervision.

clock 24 May 2010 •

Your profession

Cable's business dept hit as Osborne wields £6bn axe - papers

Vince Cable's Business Department will bear the brunt of £6bn in cuts outlined today as the coalition makes its first moves on the deficit.

clock 24 May 2010 •

Investment

Hedge funds bet big on stricken euro

A number of hedge funds that made millions from the implosion of America's subprime market are betting on a similarly dramatic collapse of the euro.

clock 24 May 2010 •

Your profession

Leaked Queen's Speech hints at fresh FSA uncertainty

Tomorrow's Queen's Speech will see financial regulation put back in the hands of the Bank of England, leaked documents reveal.

clock 24 May 2010 •

UK

US could float Pru target AIA; Thiam takes up £1.5m rights

The US Treasury has secretly resurrected plans to float Asian insurer AIA on fears the £24bn sale to Prudential could fall apart.

clock 24 May 2010 •

UK

Stephen Lansdown departs UK for Guernsey

Stephen Lansdown, the Hargreaves Lansdown co-founder and one of the UK's richest individuals, has left Britain for Guernsey.

clock 24 May 2010 •

ETFs

IndexIQ releases Taiwan small cap ETF

IndexIQ has released an ETF providing exposure to the small capitalisation sector of publicly traded companies domiciled and primarily listed in Taiwan.

clock 21 May 2010 •

Economics / Markets

FTSE hits seven-month low as Germany approves euro rescue

The FTSE 100 sunk below the psychologically-crucial 5,000 point mark for the first time since October 2009 today after Germany's parliament approved the country's contribution to a €750bn eurozone rescue deal.

clock 21 May 2010 •

Your profession

Out-of-work IFAs to launch case against Park Row next week

A band of 28 ex-Park Row advisers will next week begin legal proceedings against their former employer, claiming thousands of pounds in compensation for loss of earnings.

clock 21 May 2010 •

Economics / Markets

Geffen: Russian market to double in new Bric 'world order'

The economic monopoly enjoyed for so long by the US is set to come to an end, with Bric countries moving in to replace it, Robin Geffen says.

clock 21 May 2010 •
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