Private bank among 'fastest growing' parts of Metro Bank 27/03/2015 Private banking is one of the fastest growing division within Metro Bank and expects to double its headcount within the next three to four years, Paul Riseborough, managing director, propositions and private banking, told thewealthnet.
No exit strategy for half of IFA business owners 25/03/2015 Despite over a quarter of IFA business owners planning on selling their business in the next five years, over 51 per cent have no exit plans according to consultants. This comes after a much larger 45 per cent intended to sell within five years a mere 6 months ago.
FCA to probe asset management charges 24/03/2015 The Financial Conduct Authority sets out the key areas of work it will undertake for the upcoming financial year with the release of its business plan for 2015/16. It also reveals the creation of two new divisions that will be responsible for the FCA’s supervisory and authorisations work.