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Smaller UK banks offer better customers satisfaction, annual survey shows

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Banking
Written by Ray Clancy   
Monday, 23 August 2010 10:33

The big high street banks in the UK continue to fall short of customers’ expectations as smaller banks make for happier banking, according to a new survey.

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EU warned that cost of derivative sector reform should not fall on individual investors

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Funds
Written by Ray Clancy   
Monday, 23 August 2010 08:29

The Investment Management Association in the UK says it supports European Union OTC derivatives reforms but warns end users may be disadvantaged.
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Millions still pouring into hedge funds but emerging markets see big withdrawals, reports show

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Funds
Written by Ray Clancy   
Friday, 20 August 2010 09:30

Emerging market hedge funds saw millions of pounds of withdrawals in the second quarter of 2010 but overall they are still attracting massive amounts of investment.
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Very few people aged 55 and over are fully prepared for the financial implications of retirement, study suggests

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Savings
Written by Ray Clancy   
Thursday, 19 August 2010 10:31

Less than 5% of people in the UK approaching retirement are fully prepared for the financial implications, new research shows.
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Hedge fund managers bought into oil at the height of the Gulf of Mexico spill, documents reveal

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Latest
Written by Ray Clancy   

Top hedge fund managers have been bargain hunting in the oil patch in the second quarter of the year, buying shares whose prices had tumbled after BP’s Gulf of Mexico well disaster and in the face of lower oil prices, it has emerged.
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UK tribunal hearing clarifies inheritance tax rules for estates

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Property
Written by Ray Clancy   
Monday, 23 August 2010 09:32

The details of a tribunal hearing on the availability of inheritance tax relief for estates will help owners to be better informed in terms of whether their own property assets are likely to benefit, it is clamed.
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New analysis sees positive outlook for European property rents in the medium term

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Property
Written by Ray Clancy   
Friday, 20 August 2010 10:32


Investors could find that European property rental growth may deliver a positive surprise over the medium term, according to experts.

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British bank becomes second foreign bank to leave Ireland

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Property
Written by Ray Clancy   
Friday, 20 August 2010 08:28

A bank which is widely regarded as having shaken up the mortgage market in Ireland by introducing more competitive deals, is to leave the market, it has been announced.
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Basel dismisses banks’ claims that new rules will cut global output as over dramatic

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Banking
Written by Ray Clancy   
Thursday, 19 August 2010 09:29

New bank rules will cut global output only by a small fraction according to the Basel Committee on Banking Supervision and it is a modest price to pay for greater stability.

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Islamic funds launch in Guernsey

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Funds
Written by Ray Clancy   
Wednesday, 18 August 2010 10:10

Three major Islamic investment teams have been brought within a single fund structure with the launch of an Islamic compliant Guernsey PCC as a direct result of demand and increased interest in Shariah compliant products.
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