FTfm: Swiss private banks face 7,000 job cull, Luxembourg:...

To view this email as a webpage, click here     Monday September 30 2013     Financial Times - FTfm   Swiss private banks face 7,000 job cull   Proposed EU regulation aimed at improving market infrastructure could force smaller banks that cannot establish an onshore presence to close       Luxembourg: fund lobbying a mistake   Europe's fund industry only has itself to blame for the avalanche of regulation that followed the financial crisis, says Alfi's chairman     Oil, oil everywhere and not a drop to pipe   The financial and strategic significance of Keystone XL goes far beyond its $5bn-plus size, or its fairly modest engineering challenges     Consultants branded 'a waste of space'   In light of a report showing advice is a waste of money, Chris Newlands ponders how many consultants it takes to change a lightbulb     Harsh statistics on manic regulation   John Plender looks at the statistics and finds that history suggests ratcheting up regulation will not stave off another financial crisis     SWFs turn to emerging markets   Sovereigns are looking beyond UK and continental Europe, with some preferring to invest in their home markets to overcome regulatory concerns     State Street moves to woo advisers   State Street Global Advisors is to make a 'concentrated effort' to increase the appeal of its funds business to financial advisers     Julius Baer to fight $100m lawsuit   Swiss private bank is 'vigorously contesting the claim' brought by two former clients in Singapore over an alleged breach of duty     'Elitist' focus costs mutual funds €1tn   Despite eurozone household wealth rising steadily, fund houses are concentrating on the needs of the wealthiest 10% of European investors     King Carmignac amused by constant talk of abdication   The 'peppy' French finance veteran says it is too soon to identify a successor, and weak fund performance is just a short-term problem         Video   A better future for UK pensions?   David Hutchins, head of pensions strategies at AllianceBernstein, discusses with Chris Flood of FTfm how the UK is addressing the pensions challenge by automatically enrolling millions of company employees into workplace schemes           Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.