National Westminster Bank has today been fined £264.8m at Southwark Crown Court for money laundering in one of the biggest cases of its kind in the UK. 

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Former Greenpeace campaigner Eugenie Mathieu is to be one of a team of experts helping to run two new ESG funds being launched by Aviva Investors in an expansion of its range.

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Royal London confirmed today it was offering exclusive talks with fellow mutual LV= about a possible merger after a £530m bid by US private equity firm Bain Capital for LV= collapsed last week.

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The takeover of wealth manager Charles Stanley by US-owned rival Raymond James has been pushed back a month due to delays in securing FCA approval.

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The FCA has today approved the £280m takeover of wealth manager Charles Stanley by rival wealth firm Raymond James.

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Consumers facing financial difficulties due to being victims of economic or financial abuse will get more support in future, an industry trade body says.

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Friday, 10 December 2021
Articles

 

The FCA has confirmed that the 45-year-old sterling LIBOR rate will be killed off at the end of the year.

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Industry pension experts have expressed concern about new FCA retirement income data revealing that more than 40% of pension savers are withdrawing from their pension pot at an annual rate of 8% or more.

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US fintech SS&C Technologies Holdings is to acquire the UK B2B investment platform Hubwise Holdings for an undisclosed sum. 

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Treasury Committee MPs have questioned FCA CEO Nikhil Rathi over the regulator’s bonus scheme, fee rises and backlogs in firm authorisations.

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