The Metropolitan Police will warn the finance industry this Thursday that it stands to lose 1bn per year through fraud.At a special briefing at New Scotland Yard, Tarique Ghaffur, assistant commissioner for specialist crime directorate at the Metropolitan Police, will announce a initiative intended to seriously disrupt criminal activity. This will operate in conjunction with a big industry stakeholder, whose identity will be revealed on Thursday. Also speaking at the briefing will be Paul Goggins MP, minister for organised crime, James Hart, commissioner with the City of London Police, and Mike Lambourne, a manager at the Office of Fair Trading.
xit2 has announced the promotion of David Ford to the board of the Conveyancing Portal.The Conveyancing Portal is a fully automated and interfaced database acting as a conduit linking Lenders and conveyancing solicitors. Data is distributed in real time ensuring all parties in the process have synchronised information. Prior to joining xit2 in April of […]
The former directors of AIT were sentenced to imprisonment today for criminal market abuse. Carl Rigby, 43, the former chairman and chief executive of the software firm, was sentenced at Southwark Crown Court to three years imprisonment and was disqualified from being a company director for six years. Gareth Bailey, 36, the firm’s former financial […]
Royal London, the leading mutual life and pension company, has appointed Trevor Bish-Jones, chief executive of Woolworths Group, to its board as a non-executive director.Bish-Jones was appointed chief executive of Woolworths Group in March 2002 having held various senior positions at Dixons Group between 1994 and 2001, latterly as managing director of Currys. Prior to […]
From Julian Golightly Much like Priya Shome I was disappointed to see Mini Alan replaced by the curvy Red. I always thought of Mini Alan as my special virtual friend with his own style. Seeing Mini Al’s flashing smile alongside my inbox every morning made my pulse race. Alas now all this has gone. Does […]
By Kunal Desai, Manager of Neptune India Fund Kunal Desai recently celebrated his third anniversary as manager of the Neptune India Fund. Kunal has built a strong track record of outperformance since he assumed responsibility for the Fund, delivering a return of 30.3 per cent compared to the MSCI India Index gain of just 14.0 […]
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