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Shares of Apple Inc. AAPL, -0.20% bulled up 2.0% into record territory in afternoon trading Monday, enough to pace the Dow Jones Industrial Average’s DJIA, +0.43% gainers. The technology behemoth’s stock has now run up 5.9% amid a four-day win streak, and was currently headed for a close above the Dec. 10 record of $179.45. […]
The FCA has launched the UK’s first official anti-fraud jingle in a bid to protect consumers against loan fee fraud over the Christmas period. Last year the FCA received 32% more loan fee fraud calls per month across the festive period than the rest of the year, with 1 in 20 calls between November and […]
Gold futures finished in negative territory Monday, halting a string of gains at three consecutive but managing to hold above the psychologically significant price at $1,800 in the start to the final week of trading in 2021. February gold GCG22, +0.10% GC00, +0.10% closed $2.90, or 0.2%, lower to settle at $1,808.80 an ounce on […]
Home News FCA to introduce new Consumer Duty to drive a fundamental shift in industry mindset Press Releases First published: 07/12/2021 Last updated: 07/12/2021 New plans from the Financial Conduct Authority will ensure a higher and more consistent standard of consumer protection for users of financial services and help to stop harm before it happens. […]
Shares of Moderna Inc. MRNA, -1.97% were down 2.4% in trading on Monday after the company said Switzerland exercised an option to buy an additional seven million doses of its COVID-19 booster. Moderna said delivery of those shots is set to occur in the second half of 2022. Switzerland has ordered a total of 27.5 […]
The FCA has appointed Stephen Braviner Roman as General Counsel and as a member of its Executive Committee following an open competition. Stephen is expected to join the FCA in February next year. Megan Butler has announced she will step down from her role as Executive Director of Transformation in the spring. Megan joined the […]
We have removed Renaissance Advisory Ltd’s permissions. It is therefore no longer authorised to carry out any regulated activities. Any investments with Renaissance may not be protected. Renaissance Advisory Ltd’s connections with Marvell Enterprises Ltd Renaissance is connected with Marvell Enterprises Ltd, which we recently issued a consumer warning about. Marvell appeared to have been […]
Home News FCA issues final messages on LIBOR before end-2021 News stories First published: 10/12/2021 Last updated: 10/12/2021 Today we have issued our final LIBOR publications before the important end-2021 deadline. In a speech delivered earlier this week, Edwin Schooling Latter, Director of Markets and Wholesale Policy and Wholesale Supervision, outlined the remaining actions firms need […]
Shares of Novavax Inc. NVAX, +6.01% hiked up 2.9% in morning trading Tuesday, after the Maryland-based biotechnology company and vaccine manufacture Serum Institute of India Pvt. Ltd. said Novavax’s protein-based COVID-19 vaccine, Covovax, has been granted Emergency Use Authorization (EUA) in India by the Drugs Controller General of India. The vaccine will be made and […]
Stock benchmarks trade mixed but were mostly edging higher Tuesday morning, with the S&P 500 on track for a record close—its 70th of 2021—as investors look toward 2022 with optimism, despite record COVID-19 cases, aided by the spread of the omicron variant. The S&P 500 index SPX, +0.16% was trading up less than 0.1% but […]