United Kingdom

United Kingdom | 1 Oct 13

London has retained its position as the world’s best international finance centre, although its overall rating has fallen by more points than any other centre in the top 25, according to the 14th Global Financial Centres Index.

United Kingdom | 26 Sep 13

Barclays is to reduce the number of markets in which it provides wealth management and investment services from around 200 to 70 by the end of 2016 in a bid to "reduce the complexity" in its business and stick with the markets that it claims still hold over 80% of the world's wealth.

United Kingdom | 26 Sep 13

New York Life Investments is to build up its asset management capabilities and bring them into Europe through the acquisition of Dexia Asset Management for 380m (£320m).

United Kingdom | 24 Sep 13

Boutique fund and discretionary managed account company ATSG has reincorporated as a UK company.

United Kingdom | 18 Sep 13

Two firms in the UK are facing enforcement action and a number of others have been asked to amend practices after a Financial Conduct Authority review found evidence of life insurance and advisory firms “undermining the objectives of the RDR”.