Jupiter hires team of former CIA agents
The agents will help fund manager master the art of interrogation, according to the Financial Times.
HSBC posts 18% profit fall
The bank blamed tough market conditions for the decline.
Overnight Markets: Wall Street regains ground after recent losses
Berkshire Hathaway, which was up 0.6%, helped the financial sector climb 1%.
Tuesday Papers: Flotations will provide £2bn boost to the City
And Halliburton’s failed $28 billion bid for rival Baker Hughes faced insurmountable objections from competition regulators, the US Department of Justice has said.
Asian stocks slide on yen strength
Data in China suggested the country’s central bank may have less need to loosen monetary policy.
Monday Papers: Norway’s oil fund to target high executive pay votes
And the oil price may have reached its floor after touching decade-low levels this year, according to Fatih Birol, executive director of the IMF.
Sunday Papers: Liberty lines up backers as Tata bid deadline nears
And Sir Philip Green summoned to parliament to answer questions about sale of BHS and pensions.
Saturday Papers: RBS plunges to a £1bn loss on bailout-era costs
And the eurozone’s battered economy enjoyed an unexpected growth spurt at the start of the year - with output rising faster than in Britain and the US.
FTSE falls as RBS dives on £968m loss
Bank leads FTSE 100 lower after £1.2 billion dividend payment to government drags it into heavy loss.
Twenty20 and Parmenion plan joint ‘ISA-sized’ robo-service
The partnership will see the launch of a robo-advice service directly targeting the sub-£15,000 client bracket.
Is hospitality an ‘inducement’, or time spent profitably with clients?
Asset managers are split over FCA criticism of the corporate hospitality, with some saying the regulator is behind the curve.
Mifid II product governance rules ‘will hit boutiques hardest’
Vertically integrated companies may come out on top following the implementation of Mifid II’s product governance rules.
PwC: Just 2% of asset managers have 'robust' risk controls
PwC research has found evidence of confusion and disconnects between asset managers and their custodians.