North America
North America | 17 May 17
Canada vetoes best interest duty for financial ‘advisors’
Canada has abandoned plans to introduce regulation that would require people giving financial and investment advice to act in their client’s ‘best interest’.
North America | 11 May 17
Barclays fined $97m for overcharging advice clients in US
Barclays has agreed to pay more than $97m (£74.9m, €89.2m) to refund advice and mutual fund sales fees to US clients who were charged for services they did not receive.
North America | 9 May 17
‘Frustrated’ EU politicians step up pressure on US over Fatca
Members of the European Parliament have asked the European Commission to open talks with the US to make data exchange under the Foreign Account Tax Compliance Act (Fatca) reciprocal.
US equities after the Trump rally – any opportunities left?
It’s very easy to make the bear case for US equities right now: valuations are high, and the market has priced in all the good things it expects from Donald Trump and none of the bad stuff. But that may be too simplistic a view.
Aberdeen and Standard Life merger: An insider’s view
Campbell Fleming, global head of distribution at Aberdeen Asset Management, talks mergers, scale, fees and the future of the combined Aberdeen/Standard Life business.