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Thursday, 23 December 2021 09:57

FCA plans to fine hedge fund £40.8m

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The Financial Conduct Authority has published a Decision Notice set to impose a provisional fine of £40.8m against hedge fund firm BlueCrest Capital Management (UK) LLP for conflict of interest failings.

Thursday, 23 December 2021 08:20

XPS to buy Manchester SIPP firm for £3.75m

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XPS Pensions Group, the actuarial, consulting and admin business, is to acquire the business and key assets of Manchester-based SIPP and SSAS provider Michael J Field Consulting Actuaries for £3.75m. 

Wednesday, 22 December 2021 10:01

Wealthy are most likely to be scam victims

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New research suggests that wealthier investors are the most likely to be victims of financial scams with 49% of those with assets of £250,000 or more saying they have been victims.

Wednesday, 22 December 2021 09:26

PRA fines Metro Bank £5.3m for governance failings

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The Prudential Regulation Authority has fined Metro Bank £5.376m for governance failings.

Wednesday, 22 December 2021 08:58

FNZ sells GBST platform to private equity firm 

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Platform engine provider FNZ has today sold off its acquired rival GBST to a private equity firm after the Competition and Markets Authority (CMA) blocked FNZ’s acquisition of GBST.

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