Banks given record fines for FX failings
The Financial Conduct Authority (FCA) has imposed its largest ever fine on five banks for their “unacceptable behaviour” in failing to manage risks in G10 spot foreign exchange trading (FX).
Shanghai connect worth getting excited about
Designed to provide foreign investors with access to over 550 Shanghai-listed A shares, there are lots of reasons to be excited about the ‘through train’
Kames Craig Bonthron appointment
The investment manager lost Piers Hillier to LV= Asset Management in early November, and is seeking to "mature" its investment selection process
Investment | 11 Nov 14
MFS launches new diversified income fund
MFS Investment Management has launched a new diversified income fund which seeks current income and capital appreciation through investments into five income-oriented asset classes.
United Kingdom | 11 Nov 14
IFA jailed for stealing 200k from clients
A former financial adviser has been jailed for two years after “callously” conning clients out of almost £200,000