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  • Speech By William Amos, UK FCA Director Of Wholesale Banking And Investment Management At the Investment Week Fund Management Summit, London - Getting The Right Investor Outcomes

    Date 26/09/2014

    It’s a great pleasure to join everyone this morning and thank you for inviting me to speak at today’s summit, the FCA value opportunities to speak at such events so I do hope you all find this morning’s session valuable. As you know I’m going to spend some time talking about getting the right investor outcomes, but then, dig deeper in to the detail about what do right outcomes actually look like, why it is important to get the right outcomes for clients and why do we care? And finally, as you will recognise, the FCA approach is different so I will spend time on our Supervisory framework and our expectations of firms, cover some of the recent thematic findings in the asset management industry and finally talk to you about the role of our new fund authorisation and supervision team.

  • EIB And NIB Sign Memorandum Of Understanding

    Date 26/09/2014

    The European Investment Bank (EIB) and the Nordic Investment Bank (NIB) signed today a Memorandum of Understanding to reinforce their partnership and facilitate further cooperation in particular in the Nordic and Baltic countries.

  • Speech By Hannah Nixon, Managing Director Of The UK Payment Systems Regulator, At The British Bankers’ Association: Future Of Payments Conference, 24 September 2014 -The Future Of Payment Systems – And The PSR

    Date 26/09/2014

    Good morning. A little over two months ago, I joined the PSR as Managing Director.

    I’ve entered the payments world – and indeed the PSR – at a really exciting time as we prepare for our full operational launch on 1 April next year.

  • Thomson Reuters/University Of Michigan: Consumer Sentiment Strengthens

    Date 26/09/2014

    Consumer confidence posted a healthy September gain due to more favorable prospects for the domestic economy as well as more favorable personal income expectations. The September reading, the second highest in the last seven years, points toward renewed strength in consumer spending. While the September rebound brought confidence back to its highest levels since the Great Recession, confidence has repeatedly failed to move above this level (see the chart below). The improved income expectations recorded in September have the potential to reinvigorate personal financial optimism that is the key driving force of behind large discretionary expenditures, especially those involving debt. Needless to say, it will take repeated and cumulative gains to reverse the impact of stagnant incomes on spending.

  • MIAX Options Exchange - Listing Alibaba Group Holding Ltd (BABA) On September 29, 2014

    Date 26/09/2014

    The MIAX Options Exchange will list options on Alibaba Group Holding Ltd (NYSE:  BABA) beginning Monday, September 29, 2014.  BABA will be available for trading on Cloud 2.  Goldman Sachs has been selected as the Primary Lead Market Maker (PLMM).