Lloyds Banking Group has named Scottish Widows chairman and Tory peer Norman Blackwell as chairman.
The Financial Conduct Authority has drafted in an independent skilled person to determine whether Royal Bank of Scotland mistreated customers.
Financial Conduct Authority head of asset management supervision Ed Harley has left the regulator to take up a role at Goldman Sachs Asset Management.
Gemma Durkin has been hired by Towry from Halifax-based LRH Wealth Management to work as a wealth adviser in its Leeds office.
The proposed ban on rebates from asset managers to platforms and customers could result in a difficulty in transferring fund between platforms, and a lack of consistency.
The Financial Conduct Authority has set out plans to crack down on fund managers’ use of dealing commission, proposing on a ban on the payments being used to buy corporate access.
St James’s Place has paid £1.25 million in compensation and redress to clients of a rogue adviser who has been banned from running a company for 14 years.
The Financial Conduct Authority is investigating the role of former senior directors at the Co-operative Bank, according to reports.
The Financial Conduct Authority (FCA) has frozen the assets of First Capital Wealth, which it alleges is a suspected boiler room.
JP Morgan Chase is close to agreeing a record $13 billion settlement for its role in the misselling of mortgage securities, according to reports.
Former WH Ireland Birmingham office head Andrew Lidsey has joined Stratford-upon-Avon-based investment manager Albert E Sharp as a partner.
Financial Ombudsman Service chief executive Natalie Ceeney is to step down after four years in the role.
Rahul Shah, a former investment consultant, has been banned by the Financial Conduct Authority for activities relating to insider trading.
The Financial Conduct Authority’s (FCA) proposals to change how it calculates wealth managers’ fees are proving divisive and risk causing an ‘imbalance’, the Wealth Management Association (WMA) has warned.
On Citywire today
Video highlights of Citywire's Smart Beta Retreat at Pennyhill Park in Bagshot.