News
Tax & Regulation | news 22 Jul 14
250bn money laundering storm due at decades end
Developments in financial crime technology could uncover a £250bn "storm" of money laundering fines for "countless" banks around the world, says new research.
United Kingdom | news 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.
United Kingdom | news 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.
HK investors to increase Asian allocation
Hong Kong investors are planning to increase their investments into Asia over the next six months as Chinas perceived investment potential soars amid concerns of economic slowdown and reform.
Fines weigh heavy on Credit Suisse earnings
Despite improved cost control and an increase in assets under management, the groups wealth management division saw earnings fall.