Staff have been quitting Britain's financial watchdogs at nearly twice the rate since they were split into two bodies this year, data seen by Reuters shows, at a time when experts warn of a regulatory brain drain in Europe's biggest financial hub.
Like this page on Facebook for updates
Saturday 17 March 2012
Boss quits 'early' and potentially damages the efforts to set up new financial regulatory regime
Wednesday 14 March 2012
Prudential's Asian division has become the biggest contributor to group profits for the first time, the insurer said yesterday, bolstering its case for a move overseas.
Monday 12 March 2012
Friday 09 March 2012
Outlook Yeah, he's safe. For a good while anyway. Disappointing, isn't it?" That's the reaction of a highly experienced City analyst to the latest results from Andrew Moss of giant insurer Aviva. It is a reaction that speaks volumes. Some have been privately calling for his head for so long, they are sad to see that the case is weakening.
Wednesday 07 March 2012
Boris Johnson is "begging" the boss of Britain's biggest insurer not to move its head office out of London.
Tuesday 28 February 2012
So the man from the Pru is thinking of packing his bags and heading for Hong Kong. Yes, it is not only the banking industry that stomps its feet, raises its fists and threatens to stalk off when things aren't going its way. Life insurers do it too. It doesn't look any prettier, though. But let's be fairer about this than those insurers have been to their customers for the past 20 years (one reason why the regulatory screw has been tightening and why they might lack sympathy).
Monday 20 February 2012
Conservative Party co-chairman Baroness Warsi paid tribute today to Tory peer and former Cabinet minister Baron Carr of Hadley, who died aged 95 on Friday.
Saturday 11 February 2012
In these difficult economic times there is no shortage of debt advice out there. One thing the experts seem to agree on is that you should act early.
Wednesday 08 February 2012
Will the marriage of Xstrata and Glencore ever be consummated? Not if Standard Life and Schroders get their way. The mega-deal between the two resources giants might have the City beside itself with excitement but it didn't stop the latter two from playing party-poopers yesterday. They're not at all happy with the dowry for Xstrata, the bride.
Wednesday 08 February 2012
Outlook Will the marriage of Xstrata and Glencore ever be consummated? Not if Standard Life and Schroders get their way. The mega-deal between the two resources giants might have the City beside itself with excitement but it didn't stop the latter two from playing party-poopers yesterday. They're not at all happy with the dowry for Xstrata, the bride.
Friday 27 January 2012
Our view: Hold. Share price: 219.8p (3.1p)
- 1 Gurdwaras-turned-food banks: Sikh temples are catering for rise in Britain’s hungry
- 2 Council bans use of word ‘Commie’ – but ‘fascist’ and ‘Nazi’ are fine
- 3 The poorest pay the price for austerity: Workers face biggest fall in living standards since Victorian era
- 4 Newly vegan Beyoncé wears fox fur to dine in meat free restaurant
- 5 'I'm experiencing austerity as well', says Princess Michael of Kent