We messed up on mis-selling but we're clamping down now, says regulator

14:04 | 12 Mar 2010 | By Victoria Bischoff

The Financial Services Authority vows to be more proactive, do more to protect the consumer and toughen up on the mis-selling of financial products.

Withers: 50% tax likely to remain for most of next parliament

13:47 | 12 Mar 2010 | By Dylan Lobo

The law firm believes the party that wins this year's election will be forced to keep the 50% tax on income in place for longer than anticipated.

Merrill Lynch Wealth Management makes key discretionary hire

11:18 | 12 Mar 2010 | By James Phillipps

The group has poached Raymond from rivals HSBC Global Asset Management

Coutts Private Office hires HSBC's Allison as senior client partner

10:18 | 12 Mar 2010 | By Matthew Goodburn

Coutts Private Office has appointed HSBC Private Bank director Rupert Allison as a senior client partner as it continues its UK and global push

Brown Shipley teams up with lawyers for divorce service

09:49 | 12 Mar 2010 | By Drazen Jorgic

With clients from its partnering lawyer firms in mind, private bank Brown Shipley has created created a new service targetting wealthy individuals involved in a divorce.

Jonathanfry to launch discretionary service

09:42 | 12 Mar 2010 | By Danielle Levy

Jonathanfry's bid to build a multi-family office proposition is gathering speed as the firm moves to launch a discretionary service.

Ashcourt Rowan Edinburgh head exits after just five months

09:39 | 12 Mar 2010 | By Danielle Levy

Simon Murphy has left Ashcourt Rowan Asset Management’s Edinburgh operation only a few months into his new role.

S&P warns on US AAA rating and dollar strength as reserve currency

09:33 | 12 Mar 2010 | By Nicholas Paler

Ratings agency says dollar faces fallout from weak US economy but no other currency ready to take its place.

How to position for inflation or deflation

09:12 | 12 Mar 2010 | By Deborah Hyde

With the world still split over whether inflation or deflation poses the greates threat to investors, Merrill Lynch tells you where to put your money.

Fund Results: The Citywire verdict on who's hot and who's not

08:30 | 12 Mar 2010 | By David Campbell

Liontrust First Income v Gartmore UK Alpha Return v Templeton Frontier Markets v Ignis Property.

New chair and CEO at Bestinvest as Spiers steps back again

08:10 | 12 Mar 2010 | By Gavin Lumsden

John Spiers is to step down from the helm of Bestinvest for the second time in three years as a new chairman and chief executive are brought in to run the business.

Guernsey regulator tells savers: onus is on you to check stability of banks

08:00 | 12 Mar 2010 | By Iain Martin

The Guernsey financial regulator says it is up to consumers to read banks financial accounts to check if it is safe to deposit savings.

Ex-Cazenove partner jailed for 21 months for insider dealing

15:57 | 11 Mar 2010 | By Dylan Lobo

Former Cazenove partner Malcolm Calvert partner has been jailed for 21 months.

FSA to link with ombudsman and OFT to form consumer committee

14:26 | 11 Mar 2010 | By Michelle McGagh

The Financial Services Authority has teamed up with the Office of Fair Trading and the Financial Ombudsman Service (FOS) to create a new consumer protection committee.

The little-known boutique that dominated global equities in 2009

13:30 | 11 Mar 2010 | By Philip Haddon

With three managers at the top of the global equity sector for 2009, it's time investors took notice of London-based investment boutique Treetop Asset Management.

Ombudsman's Arch Cru decision overturned

13:07 | 11 Mar 2010 | By Daniel Grote

Regulatory Legal has overturned a Financial Ombudsman Service ruling against an adviser who recommended the Arch Cru Investment Portfolio fund as a 'low to medium risk' investment.

Why BP is a must-own for income seekers

11:10 | 11 Mar 2010 | By Deborah Hyde

BP has bought more assets in the Gulf of Mexico and its first licenses in Brazil, adding to its already robust production growth prospects.

Adam & Co's expansion plan targets financial planners

10:51 | 11 Mar 2010 | By Drazen Jorgic

Private bank Adam & Co is undertaking a strategic recruitment drive to beef up its financial planning capabilities.

Absolute Returns: Who is adding alpha in emerging market debt?

09:52 | 11 Mar 2010 | By David Campbell

Schroder ISF Emerging Markets Debt goes head to head with Absolute Insight Emerging Market Debt.

Bill Gates is no longer the richest man on earth

09:04 | 11 Mar 2010 | By Victoria Bischoff

Mexican Carlos Slim has beaten American Bill Gates to the number one spot on the annual Forbes rich list.

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