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Infrastructure

UK’s FSA takes issue with misselling and market timing

The investment management industry in the UK is under fire from the Financial Services Authority (FSA) on a number of fronts at the moment. First, the market-timing abuses that have grabbed headlines in the US also seem to have occurred in the UK,…

ING exits Asian equities

ING Group is currently in talks with Australia’s Macquarie Bank over the sale of its Asian equity sales, trading, research and equity capital markets businesses. The bank plans to retain its equity derivatives business in the region.

Lost in translation

Many credit market participants agree that a single European financial services market would be good for all concerned. But there is widespread doubt over whether the EU is the right architect for the project. Oliver Holtaway reports

Laying down the law

The debate surrounding the publication of market reform proposals by a group of leading bondholders – the so-called Group of 26 – is hotting up. Issuers have reacted negatively to what has in effect amounted to a series of ultimatums. Laurence Neville…

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