Search: financial focus

Apple is currently facing an investigation by New York's financial regulator after complaints were filed that its Apple Card gives men more credit than women.

HSBC has launched a trade finance API which allows partner financial organisations and their clients observe the status of their bank guarantees in real-time, from their own platforms. The bank guarantee API is now being tested by ING and Standard Bank and it will allow partners to create their own

Remaining invested in the FTSE 100 for 10 years generates a positive return 98 per cent of the time for UK investors, new analysis from Willis Owen has revealed.  The investment platform looked at the total return of the FTSE 100 over a decade on a rolling monthly basis since January

A flood of thousands of complaints have been lodged with law firms and the Financial Ombudsman Service over self-invested personal pensions (Sipps), leaving pension funds facing penalty costs totalling hundreds of millions of pounds. According to The Times newspaper, claims lodged with the ombudsman

CMS has partnered with Young Enterprise (YE) Scotland to extend enterprise and financial education throughout Scotland’s schools and colleges. Under a joint arrangement, CMS will provide pro bono legal support to YE Scotland. In addition, CMS will explore ways it can contribute to the charity&

KPMG has been hit with another multi-million-pound fine from the Financial Reporting Council (FRC), over its audits of drinks company Conviviality in 2017. The FRC announced yesterday that it had issued a final decision notice under Audit Enforcement Procedure and imposed sanctions against KPMG

UK Government Minister for Scotland Lord Offord gave opening remarks at the Scottish Financial Enterprise Dover House reception as a new TheCityUK report shows the contribution of the Scottish sector to the UK Government’s ambitions of a ‘high-wage, high-skilled’ economy. The recep

Criminals and scammers are taking advantage of young people's Covid-related financial troubles to hire them to unknowingly launder money, according to Cifas, the fraud prevention services.

Female directors at the UK’s largest financial services firms earn on average two-thirds less than male directors, according to new research from law firm Fox & Partners.

The Federation of Small Businesses (FSB) in Scotland is asking ministers to consider financial support for workplaces that are required to re-close because staff have been in contact with the virus. The call arrives as Scotland launches its virus tracking system.

The Scottish housing market could recover quicker from coronavirus than the last financial crash if the government freezes sales taxes to help home buyers, according to Paul Denton, CEO of Scottish Building Society. He said support measures such a Land and Buildings Transaction Tax holiday could acc

The UK economy has contracted at its sharpest rate since the global financial crisis in the first quarter of the year thanks to the outbreak of the coronavirus.

Alistair Stobie, the chief financial officer of Hurricane Energy Plc, has resigned. Mr Stobie is also a director of the oil and gas company and will step down thanks to a mutual agreement with the board.