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19 Nov 2009
Treasury Select Committee against EU supervisory powers
The Treasury Select Committee has objected to EU plans for supervisory powers over the financial services sector, but has been criticised for its stance.
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17 Nov 2009
Banker bonus deals could be torn up
Bankers' remuneration contracts could be torn up after the Chancellor announced new powers for the Financial Services Authority.
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09 Nov 2009
TUC calls for wholesale banking reform
The Trades Union Congress has reiterated calls for an overhaul of national and international banking systems.
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05 Nov 2009
BIBA backs compensation scheme review announcement
The British Insurance Brokers' Association has welcomed the announcement of a review of the Financial Services Compensation Scheme.
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04 Nov 2009
RBS and Lloyds to be broken up
Two major part-nationalised banking groups are to be broken up in order to stimulate competition in the UK banking sector.
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16 Oct 2009
Global banks confirm remuneration action
A number of major international banks have confirmed their intention to instigate reform of their remuneration policies.
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07 Oct 2009
Financial services sees business upturn
A rise in business has been witnessed within the financial services sector for the first time in two years, it has been claimed.
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05 Oct 2009
Five banks agree to introduce bonus rules
Rules restricting banker bonuses are to be implemented at five major financial institutions, it has been reported.
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17 Sep 2009
Financial Ombudsman data shames banks
UK banks have been named and shamed by a new report from the Financial Ombudsman Service.
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15 Sep 2009
Support offered for government economic intervention
The majority of global citizens want their governments to continue stimulating their domestic economies, a BBC World Service survey has found.
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08 Sep 2009
No CML backing for building society credit proposals
New Financial Services Authority proposals to restrict credit availability from Building Societies are inappropriate, it has been claimed.
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03 Sep 2009
Broker fined for allowing insider dealing
A broker has been fined £20,000 for failing to identify and act on a suspicious client order which led to his firm facilitating insider dealing.
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26 Aug 2009
KPMG outlines future challenges for building societies
After a difficult 2008, challenges around profitability, funding and capital strength continue to be faced by UK building societies, KPMG reports.
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17 Aug 2009
Nabarro worried about lenient financial reform
The Financial Services Authority cannot afford to water down its plans for tough remuneration and bonus regulations, according to Nabarro.
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13 Aug 2009
FSA launches remuneration code
The Financial Services Authority (FSA) has published a new remuneration code applicable to banks, building societies and broker dealers.
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06 Aug 2009
Expert calls for less impulsive investor approaches
A measured, conservative approach to stock market investment is required, according to Magus Financial Management.
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28 Jul 2009
Financial Services Compensation Scheme extended
Businesses and banking consumers are to gain increased financial protections under an enhanced Financial Services Compensation Scheme (FSCS), it has been announced.
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17 Jul 2009
Business groups back Walker Review
Support has been offered within the business community for the Walker Review of corporate governance of the UK banking industry.
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13 Jul 2009
No surprises in banking white paper
The new banking white paper contained few surprises, it has been suggested.
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29 Jun 2009
Financial services sector expresses optimism
The financial services sector has become more positive about its prospects for the near future, it has been reported.
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