Archive for March 19th, 2008

News - Robust economy raises Turkey’s hopes

Wednesday, March 19th, 2008

It was a short-lived upset, and though investors remain wary, there has been a gradual return to the Turkish market.

“The Turkish economy has shown case est finance finance hill in in insurance irwin mcgraw real series
resilience in the wake of the financial markets’ turbulence earlier this year,” according to a recent International Monetary Fund […]

News - California joins insurance probe

Wednesday, March 19th, 2008

Finance household insurance is preparing to join the widening investigation of the US insurance business.

“We have opened the first pages of what will be a long and very sordid book,” said California insurance commissioner John Corporate estate finance finance hill in insurance irwin mcgraw principle real series
.

The probe began a week ago when New York […]

News - FSA arranging avian flu exercise

Wednesday, March 19th, 2008

The Financial Services Authority (FSA) is to hold a six-week exercise to test the approach estate estate finance hill in insurance irwin mcgraw principle real real series value of the UK’s financial institutions to an avian flu pandemic.

Starting on 13 October, some 60 banks, personal finance the mcgraw hill irwin series in finance insurance and […]

News - Lloyd’s of London head chides FSA

Wednesday, March 19th, 2008

The head of Lloyd’s of London, the insurance market, has criticised Britain’s financial watchdog, the Financial Services Authority (FSA).

In a speech on Monday, Mr Prettejohn urged the FSA to force brokers to disclose the size of their commissions.

“The FSA should change, and change now” said Mr Prettejohn, who wants it to move from “disclosure on […]

News - The FSA is getting tough on advisers

Wednesday, March 19th, 2008

David Severn is head of retail projects at the FSA and the man responsible for the new framework.
“We’re talking about a document that doesn’t just apply to independent financial advisers, it applies to any firm which is giving financial advice like banks or insurance companies.”
“What we’re trying to do here is to give the […]

News - Yell shares make bright start

Wednesday, March 19th, 2008

Shares in Yell, the owner of the Yellow Pages directories business, were in healthy demand as London’s biggest flotation in two years was launched.

At the start of the day Yell shares rose to 306p from 285p in conditional trading - dealing between big city banks ahead of the official start of trade - but by […]

News - Statoil boss declares war on corruption

Wednesday, March 19th, 2008

The scandal, which involved incentive payments made to consultants, apparently in order to win contracts in Iran, also led to the departure of the former chief executive Olav Fjell.

“I hope, and I also believe, this scandal proves to be a fairly unique occurrence, and that it is not a question of a corruption culture,” Mr […]

News - Financial circulars

Wednesday, March 19th, 2008

BBC Radio 4’s Money Box programme was broadcast on Saturday, 17 January, 2004 at 1204 GMT
The programme was repeated on Sunday, 18 January, 2004 at 2102 GMT.

Also on Saturday:
We spoke to Welsh Assembly Member David Davies about an insurance company using cash prize draws to sign up customers.

Mr Davies received a letter from […]

News - Co-op Insurance cuts 2,000 jobs

Wednesday, March 19th, 2008

The Co-op’s insurance service is to cut 2,000 jobs over the next two years.

The Co-operative Insurance Society, headquartered in Manchester, said 2,500 jobs would be lost in a restructuring designed to modernise the business.

They will go over the next 18 months to two years, but at the same time 500 new customer service positions are […]

News - US drug safety checks ’slack’

Wednesday, March 19th, 2008

The US Food and Drug Administration was guilty of “profound regulatory failure” in its oversight of the painkiller Vioxx, an FDA scientist has claimed.

Dr David Graham told a Senate inquiry that he felt pressured to water down findings from a study linking the drug to greater chances of heart attacks.

The chief executive of Merck […]

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