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...While the error was corrected on the day, a few days later the amount was withdrawn from both their accounts a second time....
...The group said this year that it made a £426mn provision for potential client refunds that resulted in a pre-tax loss of £4.5mn in 2023....
...Meanwhile, a non-performing loan is one where the loan is to a partner who has left the SJP partnership, or to a partner that management thinks is at significant risk of leaving and when an orderly settlement...
...Jupiter has lost a number of fund managers in the past year, including Richard Buxton who handed over the reins of the UK equities fund he managed after a near 40-year career in asset management....
...Edward Glyn, head of global markets at Calastone, said: “[There has been a] bull run in equity markets since the beginning of the year . . . investors see this as a significant opportunity to add to their...
...A former SJP adviser adds that many clients “knew they could get a cheaper car” but wanted what they saw as a Rolls-Royce....
...Sally Macdonald Stevington, Bedfordshire, UK...
...Renegade Nell is a stylistic about-turn for its creator Sally Wainwright, whose last project, the awards-festooned crime drama Happy Valley, wrapped up after three impeccable series last year....
...Or is that a step too far perhaps? Sally YoungLondon W8, UK...
...Burn-Murdoch writes that in Houston, a 1998 change to planning laws empowered landowners to turn one home into three — instantly creating space for new families....
...This would ensure that a couple could pass on a farm or business worth £1mn, the IFS said....
...The Financial Conduct Authority said that if social media influencers promoted financial products or services without proper authorisation, they may be committing a criminal offence punishable by up to two...
...The group is split into an active asset management arm, a life insurance and pensions business and a financial advice business. M&G’s share price rose by about 2 per cent in morning trading....
..., partner at Elliott, in a statement....
...according to a survey from the Financial Conduct Authority....
...The emergence of Elliott as an investor comes a week after Scottish Mortgage announced a £1bn share buyback in a bid to support its own stock, which peaked in late 2021 before higher interest rates chilled...
...Martin Gilbert is banking on a market bounce to drive a recovery in his asset management business AssetCo after it reported a loss on the sale of an ETF provider to Cathie Wood’s Ark Invest....
...The pricing strategy has hit Tesla’s residual values, the projected value of a vehicle at the end of a lease and a key input into the cost of leasing....
...They stipulate that financial promotions must be communicated in a way that allows consumers to “make effective decisions”....
...Investment manager M&G has reported a 28 per cent rise in profits for 2023, in the first annual results for chief executive Andrea Rossi, who has pledged to transform the company....
...“In uncertain times, cash is a buffer and a layer of protection,” says Benjamin Davis, chief executive of Octopus Investments....
...The Biden administration has for the first time in several decades ratcheted up the cost of drilling on public lands in a landmark new regulation as it seeks to crack down on the oil and gas industry ahead...
...Tom Slater, the trust’s manager, said: “In a volatile period for growth investment, we own a portfolio of established companies achieving rapid expansion . . ....
...Wael Sawan told a room of energy executives at the CERAweek conference in Houston on Monday that the oil major had seen a 10-15 per cent decline in industrial activity in Europe since the start of the war...
...Hedge funds have begun to circle, with Elliot taking a 5 per cent stake in the Scottish Mortgage Investment Trust a week after it announced a £1bn share buyback in an attempt to prop up its share price....
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