Andrew Tinney, a former chief operating officer at Barclays Wealth and Investment Management (BWA) faces a potential ban from carrying out any senior management activities, following a Decision Notice published by the Financial Conduct Authority (FCA). Tinney is accused of having covered up an external report in 2012 which expressed sharp criticism of BWA’s senior […]
From investors wanting more bang for their buck to increasing regulatory reporting requirements, it’s fair to say fund managers have had a fair bit to mull over in recent times. If this wasn’t enough, these funds, particularly the small/medium cap firms, have had to manage higher IT management expenses. These include costs for application development, […]
Carine Lecadre-Perrier has joined French boutique Tikehau Capital as head of Group Compliance and a member of the group’s management committee. Reporting to the executive committee, she is in charge of the design and oversight of all aspects of the group’s internal control and compliance. Lecadre-Perrier is also expected to play a significant role in the […]
The Securities and Exchange Commission (SEC) has allegedly prepared new charges against Credit Suisse, which is said to have misled investors on net new asset growth. The Securities and Exchange Commission has not yet confirmed the launch of a new investigation, however, speaking to InvestmentEurope, a spokesperson for Credit Suisse referred to the Group’s 2014 […]
Nordic headquartered Handelsbanken has announced a number of senior management changes affecting its IT infrastructure, compliance and group projects. Agneta Lilja has been appointed head of IT and Infrastructure, adding to her existing role as head of Infrastructure. She replaces Anders Johansson, who has taken on an advisory role ahead of his contractually agreed retirement […]
Isabelle Maury (pictured) and Christophe Lanne have been appointed respectively as global head of Compliance and chief risk officer of Natixis, owner Banque Populaire Caisse d’Epargne (BPCE) has announced, alongside with the appointment of Jacques Beyssade as chief risk officer of BPCE. Beyssade replaces Maury in his new position while Lanne takes the duties of Beyssade. All of […]
Credit Suisse has announced the appointment of Elsa Loré-Luyton as head of General Counsel Coverage France in its French branch managed by Pierre Fleuriot. She will be responsible for all legal and compliance related work for both investment banking and private banking divisions. Formerly, Loré-Luyton worked as head of Compliance at Royal Bank of Scotland in the […]
AXA Investment Managers (AXA IM) has announced the appointment of Monique Diaz (pictured) as global head of Compliance. Diaz, who joined the Axa Group in 1989, will be in charge of AXA IM’s compliance teams across the world. Prior to her appointement, she was the company’s head of Compliance France. Christian Gissler, global head of Risks […]
As the deadline for the implementation of the FATCA regulation has passed, Steve Engdahl (pictured), senior vice president of product strategy at data management provider GoldenSource comments on the implications.
New York’s decision to sue Barclays over its alleged dark pool trading conduct has led to other major banks withdrawing from the anonymous trading venue and wiped billions off the value of bank equity.
Advisory, research and events business The Platforum has released the results of its “European Platforms and Open Architecture” report.
The insurance provider Apsley Speciality (Apsley) has joined forces with global reinsurer PartnerRe in order to launch a specialist underwriting service for the hedge fund sector dealing with AIFM requirements. The agreement between the two parties was signed in late 2013, PartnerRe will be capacity provider for the project.