Regions
United Kingdom | 26 Nov 14
Regulatory reforms a significant burden
The “unprecedented wave” of regulatory changes will “present a significant burden” to asset managers, said EFAMA’s Peter De Proft.
North America | 26 Nov 14
hsbc fined for illegally advising us clients
HSBC’s Swiss private bank was fined $12.5m (£8m, 10m) yesterday for offering services to US clients without being properly registered.
North America | 25 Nov 14
NY beats London as top financial centre
New York is the world’s number one centre for finance, according to a survey of 300 financial services professionals.
North America | 25 Nov 14
Natixis Global AM establishes Mexican base
Natixis Global Asset Management has opened an office in Mexico targeting institutions, particularly pension funds.
North America | 25 Nov 14
Credit Suisse fined $2.6bn by US
Credit Suisse has been hit with a fine for operating an illegal cross-border banking business that helped thousands of American clients evade tax.