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New role for Wood at Paternoster

Paternoster chief executive Mark Wood has stepped down to become deputy chairman, with commercial director Ed Jervis taking the role. Shareholders will inject £5m into the firm.

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Data divisions

The FSA has published a raft of data on complaints between 2006 and 2008 and Dan Waters said: “Transparency is an important regulatory tool. Publishing this information will mean consumers and firms can see how many complaints the industry receives and how it deals with them.”

RBS to sell asset management assets

Royal Bank of Scotland is selling the majority part of its £50bn asset management arm in an effort to minimise its dependency on the Government, according to reports.

It’s too soon to write Apple off

By Ali Unwin, Chief Technology Officer & Fund Manager at Neptune Earnings season is noisy in the technology sector and a good quarter does not make a good investment. Numbers that come in marginally ahead or behind ‘market expectations’ are extrapolated to produce narratives showing the rise or fall of companies. Our job as technology […]

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