A hedge fund boss who is accused of covering up losses of 390 million US dollars (£250 million) was facing a record £3 million fine from the City watchdog today.
Osborne's got it wrong on the economy, warns public
Tuesday 29 May 2012
Seven out of 10 people want George Osborne to adopt a "Plan B" on the economy to give priority to growth rather than spending cuts, according to a poll for The Independent.
David Cameron in talks over eurozone crisis
Monday 28 May 2012
The Prime Minister has held a top-level meeting with officials and ministers to discuss Britain's position in the eurozone crisis.
Power of UK watchdogs 'limited' in JP Morgan case
Friday 25 May 2012
British regulators may be powerless to act against JP Morgan over its chief investment office's huge, loss-making positions in credit derivatives because of the bank's structure, i has learnt.
FSA 'powerless' over JP Morgan
Friday 25 May 2012
James Moore: Why Homeserve's bad habits need to be curbed
Wednesday 23 May 2012
If you ever needed an example of why the insurance industry gets it so wrong so often Homeserve's chief executive Richard Harpin provided it yesterday. Some 94 per cent of Homeserve's customers are satisfied with the service, he declared. Why, then, has the group has found itself in such a pickle?
James Moore: HomeServe has no room for boasting when it has so many problems to sort out
Wednesday 23 May 2012
Outlook If you ever needed an example of why the insurance industry gets it so wrong so often HomeServe's chief executive Richard Harpin provided it yesterday. Some 94 per cent of HomeServe's customers are satisfied with the service, he declared.
Homeserve under investigation by FSA
Tuesday 22 May 2012
Home repairs group Homeserve has revealed it is being investigated by the City watchdog in the wake of accusations over mis-selling and failures in complaints handling.
James Moore: When talking tough isn't the name of the game
Tuesday 22 May 2012
Wasn't financial regulation supposed to have turned over a new leaf? With phrases like "proactive", "intrusive" and "harsh" taking over from "light touch" and "risk based". That is certainly what the Financial Services Authority would have us believe. Talking tough has been the name of the game in recent months. The FSA's outgoing boss, Hector Sants, even suggested that banks should feel "frightened" of the watchdog.
James Moore: London's regulators are as scary as a Disney movie with the lights turned on
Tuesday 22 May 2012
'Pied piper' broker Tony Verrier banned from City for life
Thursday 17 May 2012
The "pied piper" broking chief who lured 10 of his colleagues away from the broker Tullett Prebon to a rival, BGC partners, has been banned from working in the City ever again.
£1.6m settlement for Cattles stakes
Tuesday 15 May 2012
Shareholders who refused an offer of 1p a share for their stakes in sub-prime lender Cattles were celebrating a £16 million settlement today.
Plus Markets to close after failing to find buyer
Tuesday 15 May 2012
London's junior, junior stock exchange, Plus Markets, is set to close, having failed to attract a takeover and running out of cash.
Angela Knight moves from bank to energy champion
Sunday 13 May 2012
The staunchest defender of the UK's banking industry is set to protect another much-maligned sector, as Angela Knight was named chief executive of Energy UK this weekend.








