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United Kingdom

RBS posts 26bn profits in surprise results release

United Kingdom | 25 Jul 14

RBS posts 26bn profits in surprise results release

The Royal Bank of Scotland has announced that it expects pre-tax profits of £2.6bn for the first half of the year, in a surprise early release of its first-half results.

Discretionary FuM jumps 28 at Brooks Macdonald

United Kingdom | 24 Jul 14

Discretionary FuM jumps 28 at Brooks Macdonald

Discretionary funds under management at Brooks Macdonald increased by almost 30% during the past year, boosted by the acquisition of Jersey headquartered DPZ Capital.

FCA slaps four month ban on adviser network

United Kingdom | 23 Jul 14

FCA slaps four month ban on adviser network

Using its suspension powers for the first time, the Financial Conduct Authority has banned two subsidiaries of the Financial Group for serious misconduct.

RDR compliant reports creating headache

United Kingdom | 22 Jul 14

RDR compliant reports creating headache

Producing RDR compliant investment reports for clients is a major concern for the majority of wealth managers, a new survey has revealed.

Ex JPM Cazenove chairman fined 450k by FCA

United Kingdom | 22 Jul 14

Ex JPM Cazenove chairman fined 450k by FCA

The Financial Conduct Authority has fined the ex-chairman of JP Morgan Cazenove, Ian Hannam, £450,000 for two instances of market abuse.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.