Bank has set aside £856m for litigation and conduct issues.
An error by the Bank of England overstated the amount of government bonds it sold by £13.4bn. A notice of error was posted on the bank’s website explaining that a clerical error led to it stating that £28.2bn of British government bonds had been bought by foreign buyers in February when the actual figure was […]
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 […]
When Openwork chief executive Mark Duckworth speaks about the drop in adviser numbers since the late 1980s the figures sound astonishing: 285,000 advisers serving a UK population of 50 million in 1989, compared with 23,000 advisers available for 64 million people today. Put another way, there are currently around 200,000 consumers for every adviser when, […]
Ali Unwin, Fund Manager & Chief Technology Officer Watch Ali Unwin discuss the ongoing success of Apple, why the extraordinary growth of the FAANGs mean their valuations are justified & what he expects to be the key tech themes in 2018. In the video Ali covers: The Chinese technology market How a digital market differs from […]
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