Business-Businessman-Corporate-Key-Finance-700×450.jpg

Business-Businessman-Corporate-Key-Finance-700x450.jpg

Recommended

Malcolm McLean: Don’t expect answers anytime soon

After all the hullabaloo, pension freedom is finally off the ground and running. Despite some slightly uncomfortable headlines (about a dash for cash, buying speedboats and the like) it is still too early to draw definitive conclusions as to the impact this is having and will have on pension saving generally. It will be necessary […]

1

Lloyds alleged to have ‘artificially distressed’ SME customers

Lloyds Banking Group is alleged to have “artificially distressed” small business customers after they were transferred to a support unit. The FT reports the claims are made in a legal application due in the High Court this year. The case centres around businesswoman Julie Ann Davey, who has applied for two partners at KPMG to […]

Shaun-Sandiford-700x450.jpg
1

Octopus to offer VCTs through Transact

Octopus Investments is to allow investors to buy and hold shares in its Venture Capital Trusts through adviser-facing platform Transact for the first time.  The launch of the service follows a change announced in the Finance Bill 2014 which allows investors to buy VCTs directly via a platform. Previously, investors could only transfer their holding to […]

Payment-Fine-Currency-Money-700.jpg
2

Banks fined £3.7bn for Forex rigging

International regulators have fined five banks a total of $5.8bn (£3.7bn) for foreign exchange rigging. The US Department of Justice has imposed a total fine of $2.7bn (£1.7bn) on Citigroup, Barclays, JP Morgan Chase & Co, Royal Bank of Scotland and UBS. The Federal Reserve imposed fines of $1.6bn (£1bn) on the same five banks, […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment