Financial services has lost its mojo
Only 12% of the general public trust fund managers, with 28% having faith in financial advisers, according to a questionnaire of more than 2,000 people by PwC.
PWC
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PwC faces 25m fine and ban over
PwC has been fined $25m by the New York Department of Financial Services (NYDFS) for abetting the falsification of data within a regulatory report at the Bank of Tokyo Mitsubishi (BTMU).
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MiFID II in sight after entry into EU Journal
MiFID II, the European legislation aimed at improving financial transparency, is to come into force on 2 July after being published in the Official Journal of the EU today.
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London claims top spot in PwC Cities
London has claimed top spot as a centre for business, finance and culture for the first time, in Cities of Opportunity PwCs sixth annual index of 30 major cities internationally.
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global aum to breach 100trn by 2020 pwc
Global AUM will rise to more than $100trn by 2020, according to predictions by PwC.
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MiFID II could spell death knell for RDR
The UK’s Retail Distribution Review could be in danger of being overridden by the EU’s MiFID II directive.
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uae top position most competitive tax regime
The United Arab Emirates continues to have the most competitive business tax regime in the world, according to PwCs latest report on jurisdictions around the world.
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pwc proposes a revamping
Singapore should consider revamping the way its investment fund laws are structured, to permit different asset management industry sectors to offer more variety and thus cater to a brader range of clients, a new PwC white paper says.
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court applications filed in lm investment
Proceedings have been filed in Queensland Supreme Court in Australia in connection with one of the funds managed by LM Investment Management, the beleaguered fund management group which filed for voluntary administration in March.
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pwc china pwc us and pwc australia form alliance
PwC China, PwC United States and PwC Australia have announced a new alliance which will see the three offer an expanded range of professional consulting services in China aimed at serving the growing needs of multinational companies and state-owned enterprises operating in the country.
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pwc predicts bigger role for hong kong
Hong Kong is set to play an even greater role as a gateway for financial trade between emerging economies and China, according to a report issued today by PwC.
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barclays wealth appoints head of partnerships
Barclays Wealth has appointed Paul Fleming as head of strategic partnerships.