UBS and Deutsche Bank have become the latest financial institutions to join the so called dark pool probe, initiated last month when Barclays was sued over the operation of its electronic trading division.
Insurance and re-insurance broker JLT Group has registered a 16% growth in profit before tax for the first six months of the year, which it said, was boosted by a strong growth in Asian and Latin American operations and also from the acquisition of Towers Watson Re.
St James’s Place has seen a 20% year on year growth in new business over the first six months of 2014, despite losing nearly 10% in profit due to regulatory changes.
The Channel Islands Securities Exchange (CISE) has appointed a new chief executive following its rebrand from the Channel Islands Stock Exchange (CISX) after a period of scandal last year.
The Financial Ombudsmen Service (FOS) has upheld a complaint against SIPP provider Berkeley Burke for failing to meet FCA guidelines over a collapsed £29,000 unregulated collective investment scheme, the first time a provider has been held accountable in such circumstances.
Jerseys government has passed a new charities law in its latest bid to become the leading international finance centre for philanthropic wealth structuring.
The number of funds notifying the Jersey Financial Services Commission (JFSC) of their intention to privately place into Europe under AIFMD rules has now surpassed 150.
The Monetary Authority of Singapore (MAS) has announced that it will release details of its direct insurance product channel by the end of the month.
Malaysia’s AmInvest has unveiled mixed asset and equity growth feeder funds that offer investors access to funds offered by Allianz Global Investors.
Praemium has appointed a new chief operating officer to support its international and UK businesses.
Developments in financial crime technology could uncover a £250bn "storm" of money laundering fines for "countless" banks around the world, says new research.
The Financial Conduct Authority has fined the ex-chairman of JP Morgan Cazenove, Ian Hannam, £450,000 for two instances of market abuse.
