Hints and tips:
Related Special Reports
Here, FT journalists explain the potential of these new developments in the retail and institutional financial services industry Supported by Infosys
...Munich prosecutors told the Financial Times last week that their investigation was ongoing, and declined to comment further....
...Institutional Shareholder Services, another proxy adviser, is calling on shareholders to abstain from voting on Gilbert’s role....
...The rules are designed to keep auditors independent of their clients by forcing them to rotate at least once every 20 years....
...Griggs said that having tax under one umbrella reflected how clients bought services from PwC....
...This has worried regulators — in mainstream finance, different, independent firms typically offer each of these services in order to reduce risks....
...Such groups might have the benefit of a trailing wind from policymakers: Labour aims to double the size of the UK’s co-operative and mutual financial services sector, according to its financial services...
...The talks between Liontrust, which has £27.8bn in assets under management and Artemis, an independent boutique that oversees £23.4bn, come as the UK fund management industry battles multiyear headwinds....
...Sir John Vickers Former Chair of the Independent Commission on Banking All Souls College, University of Oxford, UK...
...The Department for Culture Media and Sport said the new body would have “robust powers” in order to meet its three main objectives: “To improve financial sustainability of clubs, ensure financial resilience...
...He points to the use of co-pilot systems to help reduce mundane tasks in financial services as in other areas....
...Private equity group Carlyle and Abu Dhabi investment group IMI have agreed a fresh debt funding package for the Barclay family’s Very Group, the Liverpool-based retail and financial services group....
...Sony will list its financial services arm in 2025, providing a boost for investors even as the Japanese group cut its forecast for full=year sales of its PS5 gaming console....
...to German security services....
...It is just one of several regulations that financial services businesses with cross-Channel operations have been trying to navigate after Brexit....
...The Post Office, which remained under public ownership when Royal Mail was privatised, made just £500mn of revenues from financial services last year....
...Spending on digital services is particularly buoyant in financial services, experts say, due in part to rising interest rates boosting margins for banks — creating surplus cash for them to spend on IT....
...It also applies to European financial regulators....
...The Wall Street Journal reported earlier this year that, in 2022, six financial institutions moved half a trillion dollars from AFS to HTM....
...With the indebtedness of governments, businesses and households at a peacetime record, renewed evidence of financial strains may yet emerge....
...Under the proposals, asset managers would be able to choose whether to pay for research separately, or together with other trade services....
...JPMorgan Chase shareholders rejected an attempt to create an independent chair in 2013 in the wake of $6bn in trading losses as a result of the “London Whale”....
...The UK’s top financial regulator has banned a former compliance executive at collapsed London Capital & Finance from working in financial services, in the first such ban handed out over the 2019 minibonds...
...Barclays has agreed to buy the bulk of Tesco’s banking business in a £600mn deal, as UK supermarket chains accelerate their retreat from an ill-fated expansion into financial services....
...The approach underlines private equity interest in the sector and comes after several firms made investments in professional services businesses in the US and Europe....
International Edition