Couple lost £43k in 18 months on £700k investment as banking crisis emerged A judge has rejected a couple’s claim their adviser breached a continuing duty of care to them by failing to “correct” his original recommendation of a medium risk portfolio following the onset of the 2008 market crash. Judge Andrew Keyser QC ruled […]

BIRMINGHAM, Alabama – A Hoover man was charged today with fraud and money laundering in connection with an illegal Ponzi scheme in which investors lost more than $3 million, federal and state officials announced today. Bryan W. Anderson, 40, is charged with one count each of wire fraud, money laundering and securities fraud, according to […]

HSBC’s final year results for 2013 reveal its bill for investment advice mis-selling in the UK, uncovered as part of a regulatory mystery shopping exercise that targeted a total of six banks, is set to reach £96m. As part of its mystery shopper exercise, the regulator reviewed practices at six major retail banks between March […]