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Lambeth and Portman merger confirmation hearing to be held in July

The Financial Services Authority has announced the arrangements for the hearing of the proposed transfer of the engagements of Lambeth to Portman.

The confirmation hearing will be held at the Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS on Monday July 24 2006 starting at 2.00pm.

The hearing will be conducted on behalf of the FSA by Eric Engstrom, a manager in retail firms’ division.

Eight people have made written representations to the FSA and three notices of intention to make oral representations have been received.

Those making representations and the societies themselves will have the right to ask that all or part of it should not be public. Therefore the hearing will begin in private to give an opportunity for objections to be made to holding the proceedings in public. If the FSA does not uphold any such objection, the public and the media will be admitted before the main proceedings begin.

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FSA increases fines by 23%

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Europe: banking on a recovery

Neptune video: Europe — banking on a recovery

Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery. 

In the video, Burnett addresses the following: 

• The primary drivers of the eurozone’s economic recovery
• The turnaround in individual countries’ current accounts
• Sectors best positioned to harness the recovery, without offering undue exposure to risk

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