United Kingdom
United Kingdom | 28 Jul 14
Lloyds Group fined 105m by FCA over SLS
Lloyds Banking Group has been fined £105m by the FCA over extremely serious SLS and LIBOR rigging in the regulators third highest fine of all time.
United Kingdom | 28 Jul 14
Aberdeen outflows reach 5pt5bn
Aberdeen Asset Management was hit by £5.5bn net outflows in the three months up to 30 June, the company said in its nine month interim management statement.
United Kingdom | 28 Jul 14
SIPP provider ordered to pay UCIS compensation
The Financial Ombudsmen Service (FOS) has upheld a complaint against SIPP provider Berkeley Burke for failing to meet FCA guidelines over a collapsed £29,000 unregulated collective investment scheme, the first time a provider has been held accountable in such circumstances.
United Kingdom | 25 Jul 14
Jersey passes charity law in bid to bolster
Jerseys government has passed a new charities law in its latest bid to become the leading international finance centre for philanthropic wealth structuring.
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.