At the time of writing this we had just heard how four banks pled guilty to conspiring to fix prices and rig bids in the foreign exchange (FX) market.
Barclays, Citigroup, JP Morgan Chase and the Royal Bank of Scotland were all fined, with Barclays receiving the biggest fine of $2.4bn (£31.5bn). This includes a £284m penalty to be paid to the Financial...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.