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CS, Yorkshire Building Society fined over structured product promotions

By Rob McGlinchey
16 Jun 2014

Credit Suisse International and Yorkshire Building Society have been fined by the UK Financial Conduct Authority for failing to ensure financial promotions for CS’ so-called cliquet structured product were clear, fair and not misleading. CS was fined £2.398 million, while Yorkshire Building Society was fined £1.429 million.

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By Rob McGlinchey
16 Jun 2014