Flagship fund has shrunk from $1.3bn in assets in 2013 to $30.6m
SFC has a clear prudential reason to keep rules tight
Richard Smith will need his ‘competitive fire’ to restore credit agency’s reputation
Investments chosen for staff can amount to a lottery
Investment banker hopes to keep up recent roll by improving technology
Tech giant invests large chunk of its $133bn of cash in US government and agency debt
For blank cheque vehicles, raising capital is easier than spending it
‘Blank cheque’ company starts trading and looks for a tech giant to bring to market
Conflicts of interest run deep; structural remedies are needed
Competition watchdog probes powerful industry that advises pension funds and insurers
Analysts are in an increasingly vulnerable position
Regulators are getting to grips with digital currency, and not too soon
FCA acts on concerns over industry advising on £1.6tn of pension and insurance assets
Exchange group has also agreed to pay €10.5m to end criminal inquiry
Failed Russian lender held securities at ‘inflated prices’ to ‘sugarcoat financials’
Mark McCombe to lead Americas business, while Rachel Lord will head to Emea
German reinsurer expects devastation from Harvey and Irma to wipe out third-quarter profits
Source: https://www.ft.com/stream/71a5efa5-e6e0-3ce1-9190-a7eac8bef325