merrill lynch fined hk3 5m for regulatory failings
Global banking giant Merrill Lynch has been fined HK$3.5m ($450,000, £290,000) by the Hong Kong financial regulator over a fraud committed by one of its former employees.
Tax & Regulation | 22 Aug 12
child spies for hmrc
HM Revenue & Customs has launched a new school module for teachers of teenage children in the UK, which some argue promotes the idea of children spying in their community for tax dodgers.
qe hopes send market higher vol lower
Hopes of more accommodative measures by the US Federal Reserve and the European Central Bank drove equity prices higher and volatility measures lower last week, with emerging market equity funds benefiting from the subsequent jump in risk appetite.
platform cost advisers chief consideration
Platform and fund manager costs trump considerations of the range of products available, tools and services, brand, ownership structure and ability to white label when it comes to advisers platform choice, according to CoreData Research.
newtons harries shares duties with fresh talent
Nick Clay has been promoted to lead manager of the BNY Mellon Global Equity Higher Income Fund, prompting Morningstar OBSR to put the funds rating under review.