The Legal & General Group has appointed Jeff Davies, senior partner at Ernst & Young, as chief financial officer, to replace Mark Gregory. Davies will take up the appointment following the 2016 preliminary results announcement in Spring 2017. Gregory, the current group CFO, will step down from Legal & General group board when Davies takes up […]
More than half of all financial institutions in Europe, the Middle East, India and Africa (EMEIA) are experiencing widespread corruption or bribery in their business, according to the most recent EMEIA fraud survey by Ernst & Young.
Amanda Stone, financial services sector manager, and Eugene Skrynnyk, senior manager in the Asset Management Sector Africa at Ernst & Young, have outlined 10 points for institutions to consider in their response to Fatca.
New proposals released by the European Commission to reinforce anti-money laundering (AML) regulation will give banks a greater enforcement role, a senior consultant says.
Hedge funds and institutions fail to see benefits of retail regulations being applied to the industry, says Ernst & Young. Funds will struggle to raise institutional money, there will be consolidation.
As the European private equity buyout market slows down this year, the only country that stands out is the UK, which has significantly outperformed its European peers.
A campaign by the US authorities to reach the estimated 6.5 million US persons living outside the US who have not filed a tax return could have far-reaching consequences for the Swiss banking industry.
The UK Financial Services Authority (FSA) has declared that most investment banks still do not have adequate anti-bribery and corruption controls despite the UK Bribery Act being enforced almost a year ago.
European private equity buyouts decreased at the start of 2012, according to the latest data published by the Centre for Management Buyout Research (CMBOR).
Shiv Taneja, managing director at Cerulli Associates, and head of the firm’s London-based international research practice, ponders how best to encouraged cross-border consolidation of funds in Europe.
SLI appoints three fund selectors, LGIM recruits head of global rates from Aberdeen, Investec hires clean power adviser, Mercer recruits retirement specialist from rival, Towers Watson merges investment research teams.