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Natixis nets record £14bn inflows

Natixis Global Asset Management has seen a net income increase of 25 per cent to €331m (£246m) in the first quarter of 2015, helped by new net inflows in its asset management unit. The group saw a record €19bn of net inflows in the asset management business of which €8bn was in Europe and €11bn […]

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Better together? Advisers start to build ‘consumer coalition’

Industry bodies are looking to create a “coalition” with consumer groups to help strengthen the voice of the advice profession and improve trust in the sector. The Personal Finance Society has stepped up its consumer profile with the launch of a money guidance website, while ex-IFA Association director general Garry Heath plans to work closely […]

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Ex-Deutsche Bank trader files court case against FCA

Former Deutsche Bank trader Christian Bitter has filed a court case against the FCA after it fined the bank £227m. In April Deutsche Bank was fined a total of £1.7bn by international regulators for manipulating Libor and Euribor. According to Bloomberg, Bitter claims the FCA improperly identified him in a report accompanying the Deutsche Bank […]

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