FCA under fire for failure to pursue senior staff in Libor scandal

Judges have questioned the FCA over why it chose to pursue a junior trader rather than going after more senior staff in its Libor-rigging probe. An Upper Tribunal ruling yesterday poses challenges over former UBS trader Arif Hussein’s pursuit by the regulator. The ruling describes Hussein as “relatively junior” and says he only took part in […]

The market moving M&A or M&A moving the market?

Levels of merger and acquisition (M&A) activity have historically moved with the stock market. Zach Chadwick, an analyst within the J.P. Morgan Asset Management UK equity team, looks at how this cycle has been no exception and discusses some common behavioural biases.

When and how chargeable gains are taxed

You may have clients holding UK and international bonds, both of which are subject to income tax under the chargeable events regime. With an international bond, investors benefit from growth that is largely free of tax as no UK tax is imposed on the income and gains in the underlying funds. However, under a UK […]


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