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Sir Hector Sants to lead UK banking review

Former FSA boss Sir Hector Sants has been appointed to lead a review of bank competitiveness in the UK. Sants will head a team at global management consulting firm Oliver Wyman and release the first review in autumn, reports the FT. Among the topics the review will cover are banking regulation, the risks of a ‘Brexit’ for […]

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Phil Wickenden: Irrational behaviour

Often, when we think we are behaving rationally we really are not. At a wedding last weekend we were forced to park somewhere with a four hour maximum stay, necessitating two additional top-up trips to punctuate the matrimonial merriment (although I did mercifully miss an en-mass “oops up side your head” effort). On the second […]

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Vanguard: Mifid II fails to address conflict of interest concerns

Mifid II does not go as far as the RDR in addressing conflict of interest issues across Europe, says Vanguard head of retail Nick Blake, leaving room for a third or even fourth iteration of the rules. The Mifid II changes are designed to strengthen protections for retail investors across the EU through limits to […]

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Conservative Govt unlikely to ease housing supply fears

A new Conservative Government is unlikely to ease concerns over the supply of housing, with experts pointing to continued constraints on resources and local planning departments. Property consultancy Knight Frank published a survey of over 160 housebuilders last month suggesting just 9 per cent believe more than 200,000 homes represents a sustainable level of housebuilding. […]

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