Worried about fine inflation Woodford sells HSBC
Neil Woodford has sold his recently acquired stake in HSBC, on the back of concerns about the growing number and size of regulatory fines faced by banks.
Author: PA Adviser
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Serious Fraud Office to investigate Timothy
Timothy Schools, the former manager of the failed legal financing fund Axiom, is being investigated by the Serious Fraud Office, International Adviser understands.
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Jupiter strengthens Nordic presence
Jupiter Asset Management has announced a distribution agreement with NASDAQ OMXs Nordic Fund Market as it seeks to expand its presence in the region.
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Axiom investors urged to come forward
Law firm Regulatory Legal is appealing to investors into the suspended Axiom Legal Financing Fund to come forward in order to seek compensation.
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MG to launch new floating rate note fund
M&G Investments to launch a Global Floating Rate High Yield fund on 11 September, managed by James Tomlins.
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Deutsche fined 4 7m over serial reporting
Deutsche Bank has been fined £4.7m for incorrectly reporting over 29 million equity transactions.
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Global QROPS targets Australian
Global QROPS has opened three offices in Australia, with a view to providing cross border financial advice to UK migrants, returning Australians, and Australians living globally.
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Bong leaves private banking role at Schroders
Terence Bong has left his position as Schroders head of international private bank sales team, Asia.
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JTC Group extends services to Cayman
JTC Group has been granted a licence to provide its private client, corporate, fund and real estate services in the Cayman Islands.
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Polar Capital hires Rushton
Polar Capital has hired Guy Rushton to head up its new UK absolute return fund initiative.
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DeVeres Nigel Green berates Government
DeVeres chief executive, Nigel Green, has claimed punishing plans to scrap higher-rate tax relief on UK pensions will force savers out of the country, in a scathing attack on the three main UK political parties.
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SLI continues European growth
Standard Life Investments (SLI) is to expand its European business, with two hires and a new Stockholm office.