LONDON The rapidly growing exchange-traded-funds sector does not pose a threat to financial stability as the market has coped well so far with liquidity crunches, research from Britain's Financial Conduct Authority said on Thursday.
LONDON Global bank capital rules should be applied in full across the European Union, the bloc's banking watchdog said on Monday, dashing industry hopes for leniency after a decade of intense regulation.
LONDON People in financial services jobs that have a black mark against their name at one company can still move easily to another firm and become a "rolling bad apple" despite efforts by Britain's finance watchdog to improve conduct in the industry.
LONDON Britain's financial complaints body encouraged consumers on Friday to lodge claims for mis-sold loan insurance ahead of an Aug. 29 deadline, despite criticism from some banks that a majority of the claims were "vexatious".
LONDON London Stock Exchange has agreed to buy financial information provider Refinitiv in a $27 billion (£22.3 billion) deal aimed at offering trading across regions and currencies and establishing the British company as a rival to Bloomberg.
London/Frankfurt Die Londoner Börse wird mit der 27 Milliarden Dollar schweren Übernahme des Finanzdatenanbieters Refinitiv zu einem Riesen im lukrativen Daten- und Analysegeschäft.
LONDON Accounting firm KPMG has been fined 3.5 million pounds ($4.24 million) by Britain's accounting watchdog for failing to audit client accounts of BNY Mellon bank properly, the latest in a string of penalties on KPMG for poor performance.
LONDON Some trading and investment firms are calling for competition regulators to scrutinise London Stock Exchange's proposed $27 billion (£22.2 billion) takeover of financial information provider Refinitiv to prevent further market data price hikes.