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NEWS

Unhealthy wealth

Wealth managers are seeing their margins drop to one percent of assets on mass affluent portfolios, according to a report by KPMG Consulting.

Banking & finance - Banks pay price of terrorism

Account registers, suspicious transaction reports, and know your customer rules are expensive - for banks and their customers.

Accounting - Risk management under fire.

Now recession is biting, managers are finding that their much hyped risk management strategies aren't a great deal of use.

Eggy bread

Savings, credit cards, mortgages - internet-based financial services company Egg is all about money. For FD Stracey Cartwright that means acquiring new customers at £25 a head, justifying a marketing spend of £50m to analysts, and, most of all, turning dotcom losses into break-even by the last quarter of the year.

Dirty money can clean you out

The amount of laundering is now so huge - the International Monetary Fund estimates it at between 2% and 5% of world GDP - that thousands of businesses could be harbouring dirty money without realising it.

NEWS IN BRIEF.

Financial directions - US markets waiting for the man.

First-quarter GDP growth and earnings reports in the US weren't good - and markets are still relying on their monthly fix of lower interest rates from Alan Greenspan.

Financial directions - Just one third of mergers create value, says

Financial directions - Discounting causes drop in UK profits.

Financial directions - Boards criticised on performance pay.

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COMMENT

Spend IT: how to spend your IT budget

Far from being just a commodity, companies must invest in IT if they want to gain a competitive edge

Making the rules on the waves

Improving business management - and having fun to boot
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FEATURES

Companies quizzed on carbon policy

Investors want greater disclosure of green policies - so how much CO2 does it take to make a packet of crisps?

Accounting: Green reports

FDs are set to shoulder the green reporting burden. But first they have to work out what the reports will look like
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ANALYSIS

> More analysis
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