Deutsche Bank pays 25bn LIBOR fine to regulators
Deutsche Bank has reached a settlement with US and UK regulators to pay more than $2.5bn in fines for LIBOR and EURIBOR failings and misleading authorities.
Deutsche Bank has reached a settlement with US and UK regulators to pay more than $2.5bn in fines for LIBOR and EURIBOR failings and misleading authorities.
The DIFC branch of Deutsche Bank (DBDIFC) has been fined $8.4m by the Dubai Financial Services Authority (DFSA) for “serious contraventions” in its private wealth management procedures.
The UK’s Financial Conduct Authority has ruled that when a financial services firm shares customer endorsements over social media it could be covered by its promotion rules, and it has set out clearer guidance on how employees can use their personal social media accounts.
When they took the reins at Blevins Franks, John Stone and John Simmonds set about consolidating what the company does best providing advice to British nationals living abroad.
Pensions provider Momentum has waived set-up and first year fees for clients looking to move their existing QROPS products following a surge of requests in the run up to Aprils UK pension reforms.