News Feed
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Morgan Stanley books $1.8bn loss on MBIA deal
Tuesday 13th December 2011
Morgan Stanley has resolved legal disputes with MBIA in a deal which will see it collect $1.1bn from the bond insurer yet book a $1.8bn loss
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World economic outlook darkens
Tuesday 13th December 2011
So acute are the risks that few economists are willing to bet heavily against another global recession in 2012
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Data Watch
Tuesday 13th December 2011
The latest key economic indicators from round the world
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FSA appoints John Spence as non-executive director of the Money Advice Service
Tuesday 13th December 2011
The Financial Services Authority (FSA) has appointed John Spence as a non-executive director to Board of the Money Advice Service with effect from 2 January 2012.
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IG Group benefits from volatile markets
Tuesday 13th December 2011
Spreadbetting group buoyed by record trading volumes as gamblers seek to profit from swings in equity prices
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Former WaMu executives near deal with FDIC
Tuesday 13th December 2011
Three former executives are near a settlement with the Federal Deposit Insurance Corporation over claims they were grossly negligent in the run-up to Washington Mutual’s collapse
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MF Global staff to maintain Corzine defence
Tuesday 13th December 2011
Chief financial officer and chief operating officer to echo John Corzine, chief executive, in denying knowledge of how $1.2bn in customer funds went missing
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UK implementation of Amending Directive 2010/73/EU - Simplifying the EU Prospectus and Transparency Directives
Tuesday 13th December 2011
The Financial Services Authority invites comments on this Consultation Paper. Comments should reach us by 3 March 2012.
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Uniq trustees sell pension assets
Monday 12th December 2011
Move ensures that the 20,000 members will not have to rely on the Pension Protection Fund to make up any shortfall in their retirement benefits
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CPP warns over impact of FSA’s investigation
Monday 12th December 2011
Shares in the provider of insurance against identity theft fall up to 25% as it says profits in 2012 will be ‘significantly’ lower than in 2011