Latest News - Michelle Abrego
FCA writes to Sipps firm chiefs over 'unacceptable' due diligence failings
The financial watchdog has found significant failings in Sipp firms' due diligence procedures.
FCA fines forex firm £4m over 'unfair profits'
The Financial Conduct Authority (FCA) has fined Forex Capital Markets and FXCM Securities £4 million for allowing the US-based company to withhold profits worth approximately £6 million that should have been passed on to the firm’s UK clients.
DJ Moyles & fund managers claimed to be car dealers to avoid tax
HM Revenue & Customs has won a legal battle against a £290 million tax avoidance scheme sold to 450 individuals, including Radio One DJ Chris Moyles and fund managers.
Osborne rules out pound for independent Scotland
Chancellor George Osborne ruled out Scotland sharing the pound with the UK in a speech in Edinburgh yesterday.
How Andrew Tyrie took on the regulator
Following Andrew Tyrie’s recent grilling of FCA bosses Martin Wheatley and John Griffith-Jones, we chart his valiant efforts to hold the regulator to account.
Barclays to cut 7,000 UK jobs in 2014
Barclays has announced plans to cut 7,000 UK jobs this year following a drop in profit announced this morning.
Martin's meetings: check out the FCA chief's diary
The Financial Conduct Authority has published chief executive Martin Wheatley’s diary for last three months of 2013.
FCA RDR defence highlights 'big growth' in advisers
The watchdog's chief Martin Wheatley tells the Treasury Select Committee there are more financial advisers in the industry than there were this time last year.
Barclays to cut 400 jobs but denies reports of branch closures
(Update) Barclays has denied reports it would shut 400 UK branches and said it will close bank branches ‘over time’ due to changes in technology and customer behaviour.
FCA to clampdown on hospitality for advisers
The Financial Conduct Authority has set out finalised guidance on how advice firms should deal with conflicts of interest caused by receiving provider payments.
Gervais Williams: the real reason to worry about Quindell
Citywire AA-rated manager Gervais Williams has argued that sentiment is the true danger to Quindell.
AA-rated Lofthouse: 'maverick' tobacco settlements won't stop M&A
Henderson International Income trust manager Ben Lofthouse shares his thoughts on recent developments in the tobacco sector in this video.
Profile: Quilter Cheviot boss Baines sees more consolidation ahead
Nineteen months on from the merger of Quilter Cheviot chief executive Martin Baines says the deal is now paying dividends.
Profile: how Matthew Butcher is carving a new role at Dart Capital
The wealth management industry is undergoing a profound period of change: whether it wants to admit it or not.