Citywire Money: making the most of your money
£1m fine for 'disgraceful' sale and rent back arranger
The regulator has said the level of misconduct was the 'most shocking it has ever seen from a home finance arranger'.
1 CommentReckless bankers should be sent to jail, MPs say
MPs want bankers' bonuses curbed and reckless misconduct in bank management made a criminal offence, long-awaited report says.
Leave a commentMPC split two-to-one against return to QE
Little change to bank policy had been expected ahead of the arrival of incoming governor Mark Carney later this summer.
Leave a commentFTSE zig-zags as Fed anxiously awaited
(UPDATE) Investors await an update from the US Federal Reserve that could dictate whether they face a truly tumultuous summer.
Leave a commentPibs & perpetual bonds: latest rates & prices
Permanent interest-bearing shares (Pibs) and perpetual bonds are a good, but riskier, alternative for savers fed up of low interest rates on cash ISAs and bank and building society savings accounts.
17 CommentsNew Model Adviser®: for professional financial planners
FCA bans and fines sole trader nearly £1m over sale and rent back failings
The Financial Conduct Authority has banned and issued its largest ever fine of nearly £1 million to a sole trader for deliberately misleading vulnerable customers for personal gain.
13 CommentsHMRC issues further guidance on rebate tax treatment
HM Revenue & Customs has published further guidance on the tax treatment of fund manager rebates.
Leave a commentKey Retirement Solutions parent sells stake for £35m
Key Retirement Solutions’ parent company Cabot Square Capital has sold its majority stake in the retirement specialist to Phoenix Equity Partners for £35 million.
1 CommentCommission calls for jail for reckless bankers
MPs have outlined recommendations to curb bankers bonuses, make reckless misconduct in bank management a criminal offence and reinforce regulatory powers in its report on banking standards.
5 CommentsCitywire Wealth Manager: for investment professionals
Smith & Williamson hires ex-Newton manager Tineke Frikkee
Smith & Williamson has hired former Newton UK equity income manager Tineke Frikkee.
Leave a comment25 years of credit creation & destruction visualised
If any single chart is capable of illustrating the financial drama that has upended many of our assumptions over the last six years, this is it.
Leave a commentEx-Rolling Stones adviser among new wealth firm's star line-up
Prince Rupert Loewenstein, who is credited for transforming the financial fortunes of the Rolling Stones, is among the names behind new London-based family office Holbein Partners.
Leave a commentGilbert backs gov't drive to get tough on bankers
Martin Gilbert, chief executive of Aberdeen Asset Management, believes a return to traditional banking will support growth of the UK economy.
Leave a commentCitywire Global: for international fund selectors
Citywire Ratings: uncovering Asia’s newly-rated elite
From an inflation expert to an Indian equity specialist, a wide array of fund managers enter the Asian ratings this month.
Leave a commentSwiss & Global bond star: what lies behind the EMD sell off
ZURICH: Euro Stars AA-rated Berhard Urech has been reducing risk across his JB EM Inflation Linked Bond Fund as he expects further volatility.
Leave a commentFranklin Templeton takes full control of US alternatives boutique
The US giant has acquired the remainder of an alternatives specialist it first bought a stake in back in 2010.
Leave a commentTale of the taper: top bond managers talk QE exit plans
With eyes fixed on Wednesday’s FOMC meeting, Citywire Global has collated the views of fixed income investors on the eventual withdrawal of stimulus.
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