Jabre wins first round in FSA fight

Philippe Jabre, a London hedge fund manager appealing against a £750,000 (€1.1m) fine from the Financial Services Authority, has won the right to a preliminary legal hearing on his case.

The Financial Services and Markets Tribunal agreed to schedule a one-day pre-trial hearing on two issues, next month, according to a source close to the case.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached