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MT Financial News - July 2011

From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:

British banks behind global counterparts

The UK's banks are now the fifth most profitable in the world, a drop from their lofty second place of just four years ago. The industry now lags behind those of China, Japan and France, as well as the world leader, the US.

Research by HSBC has shown that substantial numbers of employees in the UK are part of the ‘Ostrich Generation’, who refuse to undertake any financial planning for their retirement.

With the Financial Services Authority (FSA) set to be replaced by two successor bodies in 2012, "tougher and bolder" regulations are set to come into force.

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MT Financial News - July 2011

British banks behind global counterparts

Redundancy threatens late pension surge

Tougher regulation for financial institutions

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