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FSA secures High Court victory against illegal land banking firm
11/02/2013
The Financial Services Authority (FSA) has won a key victory in the battle against unauthorised businesses after the High Court declared that David Banner-Eve, Stuart Cohen, Asset Land Investments Plc and Asset L.I. Inc. ran an illegal land bank by operating a collective investment scheme without FSA authorisation.
LinkedIn shares soar on profit boost
08/02/2013
LinkedIn have reported that profits were double what they had originally expected.
Activist investor to sue Apple
08/02/2013
Apple are to be sued by an activist shareholder who are demanding that the computer giant Apple share out more of its $137 billion (£87 billion) cash pile to its investors.
Tough European market hits Vodafone revenues
07/02/2013
Difficult market conditions in Europe have seen Vodafone's revenue fall below the expected level.
Struggling Sony cut quarterly losses
07/02/2013
Struggling electronics firm Sony have been forced to cut their quarterly losses.
RBS fined £ 87.5 million for significant LIBOR failings
06/02/2013
The Financial Services Authority (FSA) has fined The Royal Bank of Scotland plc (RBS) £87.5 million for misconduct relating to the London Interbank Offered Rate (LIBOR).
Liberty Global in $23.3 billion Virgin Media buyout
06/02/2013
Liberty Global have agreed to buy the UK's Virgin Media in a cash and stock deal worth $23.3 billion (£15 billion).
Euro trips on political concerns in Spain and Italy
05/02/2013
The Euro reversed further from its recent highs reached on Friday against the US Dollar and the Pound as political concerns in Spain and Italy re-ignited concerns about the two southern Euro states. Having reached 1.37 against the Dollar and just over 0.87 pence against the Pound on Friday afternoon, it was down over 1.5% in overnight trade.
Barclays appoints new non-executive director
05/02/2013
Barclays PLC and Barclays Bank PLC have announced that Diane de Saint Victor has been appointed as a non-executive Director of Barclays with effect from 1 March 2013.
Resurgence of public markets drives M&A confidence
05/02/2013
A resurgence of investor confidence in public markets in the closing months of 2012 has left private equity funds facing an increasingly competitive environment for deals according to research released by BDO LLP’s Corporate Finance team.
