SWITZERLAND - UBS's asset management division posted pre-tax profits of SwFr89m (£40.3m) for the second quarter worldwide, a 24% increase on the same period last year.
But there was a dip in assets under management, from SwFr303bn at the end of June last year to SwFr297bn this year.
Henry Tapper shares his thoughts on how IGCs could provide value for money statements that people wanted to read
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.