Financial results
Lazard added $42m of advisory revenue and $71m of compensation
Record advisory revenue concealed weaker operating leverage: compensation grew 69% more than the revenue increase and segment profit fell 34%.
Compensation
The companies, products and regulatory developments shaping the broker industry.
3 resultsReset view
Regulation & enforcement
FSCS opens Verus claims while compensation eligibility remains under investigation
Customers can now lodge claims and arrange transfer of an existing Ombudsman file, but the scheme is not yet sending those claims for individual assessment.
Broker updates
IQ Option’s updated global contract sets out Financial Commission complaint rights
SKY LADDER LLC clients have an express route to private dispute resolution. The associated compensation fund applies to eligible unpaid judgments, with exclusions and a €20,000 ceiling.