Money Marketing - News

Barclays chief exec warns against excessive capital requirements

Tue, 09 Feb 2010 11:57:00 GMT

Barclays chief executive John Varley has warned the Treasury select committee against overly onerous capital requirements and regulation.

Tenet sees profits slashed

Tue, 09 Feb 2010 11:22:00 GMT

Tenet Group has seen its pre-tax profits slashed to £1m in the 12 months to September 30, 2009.

Hector Sants to step down from FSA

Tue, 09 Feb 2010 10:21:00 GMT

Hector Sants is set to leave the FSA in the summer, after three years as chief executive.

Hector Sants to step down from FSA

Tue, 09 Feb 2010 10:21:00 GMT

Ex-Thinc advisers launch IFA network

Tue, 09 Feb 2010 10:13:00 GMT

Former Thinc advisers launch IFA network with a flat fee and no contractual ties.

Bonuses hurting pension funds, says Myners

Tue, 09 Feb 2010 08:47:00 GMT

City minister will tell the NAPF to do more to crack down on bonus culture.

MPs slam Treasury secrecy over £18bn to cover BofE loans

Tue, 09 Feb 2010 08:10:00 GMT

Public accounts committee says Chancellor’s failure to notify Parliament was of “significant constitutional importance”.

AIFM could cause “systemic failure”, says BoE committee

Mon, 08 Feb 2010 14:46:00 GMT

The introduction of the Alternative Investment Fund Management directive could cause “systemic failure” of markets, according to the Bank ofEngland’sFinancial Markets Law Committee (FMLC).

Tory treasurer under fire for share sell-off

Mon, 08 Feb 2010 13:49:00 GMT

The Lib Dems call for Tory party treasurer Michael Spencer to be sacked.

Remortgaging cheaper than most SVRs, says Moneysupermarket.com

Mon, 08 Feb 2010 13:48:00 GMT

Comparison website says 85 per cent of borrowers on SVR deals are better off switching.

Greek debt fears hit global markets

Mon, 08 Feb 2010 13:07:00 GMT

Mounting fears over Greece’s debt position spilled into global equity markets last week, as share prices in America, Asia and several European countries all fell.

GLG rolls out hedged version of Japan fund

Mon, 08 Feb 2010 13:01:00 GMT

GLG Partners has launched the GLG Japan CoreAlpha Equity fund, a currency-hedged replica of its £698m Japan CoreAlpha fund.

Gartmore newcomer takes active approach to portfolio revamp

Mon, 08 Feb 2010 12:55:00 GMT

Gartmore’s head of Asian equities Jan de Bruijn has revamped two funds he took over since joining the firm from Threadneedle in January.

Economists rain on positive OECD UK results

Mon, 08 Feb 2010 12:29:00 GMT

Former IMF director says the UK is next European country in line for sovereign debt crisis.

NeedAnAdviser.com directors launch referral service

Mon, 08 Feb 2010 11:11:00 GMT

Ashley Clark and Joanne Roberts have launched referrals and compliance portal Advisers United.

Rathbones opens office in Aberdeen

Mon, 08 Feb 2010 10:52:00 GMT

Rathbones increases Scottish footprint with a new office opening.

LV= launches fixed-term annuity

Mon, 08 Feb 2010 10:27:00 GMT

The firm joins Living Time in the temporary annuity market with the launch of its hotly anticipated fixed-term product.

Cleri Med managing director John Van Der Wielen to leave

Mon, 08 Feb 2010 09:30:00 GMT

Van Der Wielen to return to Australia following Lloyds restructure.

Liontrust hires John Ions as head of retail

Mon, 08 Feb 2010 08:52:00 GMT

Former Tactica chief joins to rebuild the business.

UK firms cut dividends by £10bn

Mon, 08 Feb 2010 08:47:00 GMT

UK companies cut dividend payments by £10bn in 2009, according to a report by Capita Registrars.

Santander mulls UK flotation

Mon, 08 Feb 2010 08:22:00 GMT

Bank may be planning to float UK operations this year.

Santander mulls UK flotation

Mon, 08 Feb 2010 08:22:00 GMT

Santander is reportedly considering a UK and US stock market flotation.

Lloyds mortgage and wealth heads to step down

Fri, 05 Feb 2010 17:34:00 GMT

MD of mortgages Dan Watkins leaves as GI MD takes helm of streamlined life and pensions business.

Google moves into mortgages with US lenders

Fri, 05 Feb 2010 12:00:00 GMT

Google has launched a mortgage lead-generation facility in the US, prompting speculation that it may make a similar move in the UK.

Cheque fraud hit Cheshire BS in 45 minutes

Fri, 05 Feb 2010 12:00:00 GMT

A Cheshire Building Society employee who was at the heart of a conspiracy to cash forged cheques worth more than £160,000 has been jailed for two years.