Barclays president and chief executive of corporate and investment banking Bob Diamond will replace John Varley as the bank’s chief executive next March.
Advisers are optimistic that Stephen Gay’s product provider background will not hinder his role as Aifa director general. Gay, currently Aviva director of distribution development, was announced as Chris Cummings’ successor last week. He will also become director general of the Association of Mortgage Intermediaries and the Association of Finance Brokers. Honister Capital strategy product […]
Santander is to recruit up to 600 additional staff following its £1.65bn deal to acquire 318 RBS branches last month. The Spanish bank says it has decided to increase its staff numbers to deal with its latest expansion strategy in the UK. It has also dismissed suggestions in the FT saying the bank plans to […]
PMS – Marsden Building Society 3-Year 1.31% Discount Buy-To-Let
Platform – 4- Year Fixed 5.99% Buy-To-Let
Good and growing companies are still to be found, Simon Edelsten, manager of the Artemis Global Select Fund, tells Ross Leckie – even in a world marked by low(er) growth and political uncertainty.
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]