“HSBC AM’s ‘head of irresponsible investment’ condemned over climate speech”

There’s been much talk of big corporates speaking with forked tongues about their green credentials. The oil giants are obvious suspects, and this confirms the suspicions of many about banks with multinational fingers in many pies. Were they ever really going to put saving the planet in 30 years time over profits now, their share price and the next dividend? Any more than most governments can really think beyond the next election. “There’s always some nut job telling me about the end of the world…who cares if Miami is six meters underwater in 100 years”, said HSBC’s (probably soon to be former) Head of Responsible Investing. Hmm.

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“Simon Evan-Cook: FCA must wake up to consolidation damage”

“Simon Evan-Cook: FCA must wake up to consolidation damage”

This is where I can don my ‘been around the block, seen it all before’ mantle. What’s happening in our business/industry/profession at the moment is a lot of what’s become known as consolidation, big companies, many fuelled by private equity, buying up smaller firms or taking over the clients of retiring advisers.