FCA urges asset managers to report Mifid implementation strugglesUK regulator has ‘least patience’ with fund houses that fail to disclose problemsSource: banks to be hit by US tax rulesInstitute of

Capitol Report: The Trump tax calculator — will you pay more or less?Now that both the Senate and House have passed their version of tax relief, MarketWatch has the calculator to show how the bills would

Upbeat Berkeley buoys UK housebuildersSource: warns current year a likely peak for London-focused housebuilderSource: Airways to close final salary pension schemeSource: equity faces a dilemma: to buy

The Wall Street Journal: Michael Flynn said Russia sanctions would be ‘ripped up,’ whistleblower saysFormer national security adviser Michael Flynn, who pleaded guilty last week to lying to the FBI about

Passive Fund Providers Take an Active Approach to Investment StewardshipRead full story for details. Source: on the Right TrackRead full story for details. Source: Factor Investors, It Pays to Go SmallRead

CME fee rises vex struggling high-speed trading industryLobby group weighs options amid mood ranging from anger to resignationSource: fined by FCA over insurance broker’s claim to be ‘truly independent’Source:

How to give someone the gift of style (without insulting them)Helping a friend or loved one to dress for success is a gift that can last a lifetime. Source: Markets: Asia-Pacific markets drop on weakness

UK watchdog feared legal action if it published report on RBSFCA chose not to release review into bank’s Global Restructuring GroupSource: looks ripe for move into financials, says Brooks MacdonaldUK asset

Are the Oakmark Funds Prepared for the Future?Read full story for details. Source: to Tap the Brakes on Independent RefinersRead full story for details. Source: Year-End Portfolio Review in 6 Easy StepsRead

Citi poaches eBay’s chief data officer in Asian retail pushBanks push back against tech groups’ raiding of their digital talentSource: audit watchdog triples size of enforcement teamRegulator forms internal

This Small-Growth Fund's Steady Execution Has Paid OffRead full story for details. Source: Unicorns Are Overvalued (and the Industry Knows It)Read full story for details. Source: Runs the NumbersRead full

UK banks warn over EU rules to ringfence foreign capitalLenders warn new proposals could force groups to exit European businessesSource: Agricole’s head hits out at Orange BankChief of France’s largest

NewsWatch: Flynn who? For the stock market, it’s all about tax cuts and the Santa rallyEven as stocks bounce around and volatility spikes on news that a former member of President Donald Trump’s inner

Why Unicorns Are Overvalued (and the Industry Knows It)Read full story for details. Source: Runs the NumbersRead full story for details. Source: Fights to Stay Tops in OpticsRead full story for details.

Psychos vs. nice guys — which type of hedge fund manager gets better returns?More than 100 top hedge fund managers were evaluated for signs of psychopathic tendencies and their investment performance assessed

The New York Post: Matt Lauer will not receive $30 million settlement from NBC News, sources sayMatt Lauer will not get his $30 million payout from NBC News, network bosses have ruled, even though his

Metals Stocks: Gold cuts losses for the week as political concerns roil the U.S. dollar, stocksGold stages a sudden rally on Friday, as the U.S. dollar weakens and equities drop in the wake of news that

This is a major financial worry that baby boomers aren’t prepared forPerhaps worse than not having enough money, decaying cognitive abilities are a financial problem for many baby boomers, according to

Capitol Report: Here’s what’s next for the Senate’s tax billSenate Republicans are continuing debate on their tax bill with the next votes planned for Friday, as a number of issues remaining to be resolved

The Wall Street Journal: Trump picks economist Marvin Goodfriend for Fed boardPresident Donald Trump nominated Marvin Goodfriend, a former Federal Reserve economist and current Carnegie Mellon University