The Prudential Regulation Authority (PRA) has fined Standard Chartered Bank (SCB) £46.55m for failing to be “open and cooperative” with the PRA and for failings in governance.
Former FCA non-executive director Catherine Bradley has been appointed as a non-executive director of financial provider Abrdn and will become a member of the company's audit committee from 4 January.
Wealth manager St James’s Place has boosted its partnership numbers with 155 newly-qualified financial advisers and 74 new Paraplanners - 229 in total.
AJ Bell has revealed the top 20 most popular funds and investment companies with advisers using its Investcentre platform.
The FCA has fined HSBC Bank plc (HSBC) £63.9m for long-term failings in its anti-money laundering processes.
Wiltshire-based Lexington Wealth Management has gained CISI Accredited Financial Planning Firm status.
The Financial Services Compensation Scheme (FSCS) has paid out £91.1m to 7,750 LCF bondholders under the government’s compensation scheme in three weeks.
Rapidly expanding Financial Planning-focused advisory group Independent Wealth Planners (IWP) has acquired Throgmorton Wealth Management in its 30th acquisition deal.
The North-South wealth divide is being exacerbated by fewer northerners having a financial plan in place, according to a new report.
Adviser platform Transact has reported a record £7.7bn of gross inflows for the year ending 30 September.