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FTSE 100 falls on back of EU summit veto

12/12/2011

After days of talks, the EU Summit failed to make clear whether the euro will survive the crisis. The only transparent outcome was that it changed the UK’s affiliation with Europe for the long term.


 

Pearson sells FTSE stake to LSE for £450 million

12/12/2011

Pearson is today (Monday) announcing that it has agreed to sell its 50% stake in FTSE International Limited (FTSE) to the London Stock Exchange Group plc for £450 million in cash.


 

Vince Cable welcomes Financial Services Authority report

12/12/2011

The Financial Services Authority (FSA) today (Monday) published its report into the failings of the Royal Bank of Scotland (RBS).


 

FSA Board publishes report into the failure of Royal Bank of Scotland

12/12/2011

The Financial Services Authority (FSA) has published its Board’s Report into ‘The failure of the Royal Bank of Scotland’ (RBS).


 

Problems in the eurozone need major surgery not just a shot in the arm

09/12/2011

All the eyes of the world turned to the EU Summit but rather than come up with a creditable long term-plan, EU leaders have instead come up with an agreement that will prove to be nothing more than a ‘shot in the arm’ for the eurozone.


 

FSA publishes the policy statement on the review of the covered bond regime

09/12/2011

The Financial Services Authority (FSA) has published changes to its regulatory framework for UK regulated covered bonds. Changes to the RCB Regulations were published on 29 November 2011 by HM Treasury.


 

Continued investment establishes firm platform for growth at BDO

09/12/2011

BDO LLP, the accountancy and business advisory firm, have announced a resilient performance including increased profitability for the 52 weeks to the 1 July 2011, allowing for a continued programme of investment for the future.


 

Toyota revenue slashed after natural disasters

09/12/2011

Toyota has published their full year results, showing a dramatic plunge in profits from 323bn yen (£2.7bn) to a 32bn yen loss (£263m).


 

European banks' €1.7tn non-core assets slowing growth

08/12/2011

European banks currently have in excess of €1.7 trillion of non-core and non-performing assets on their balance sheets, according to a new research report by Deloitte, the business advisory firm.


 

FSA fines Integrated Financial Arrangements plc £3.5m for client money breaches

08/12/2011

The Financial Services Authority (FSA) has fined Integrated Financial Arrangements plc (Integrated Financial) for failings in relation to its protection of client money.