Robo-adviser to close UK wealth business

EU-headquartered robo-adviser Scalable Capital is to close its UK business.

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FCA fines Barclays £26m for failing 1.5m customers

The Financial Conduct Authority has fined Barclays Bank UK PLC, Barclays Bank PLC and Clydesdale Financial Services Limited (Barclays) £26m for poor treatment of consumer credit customers in financial difficulties.

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HNW women feel misunderstood by advisers

The next generation of high net worth women are set to change family financial dynamics as their share of global wealth increases, but high net worth women are more likely to feel misunderstood by their financial adviser, according to a new report.

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Investment scams rise 49% in July

Reports of investment scams rose 49% to a record high in July at banking giant Barclays, the highest ever number recorded.

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