European regulation could favour US assets; US growth prospects better than Europe’s

Cash from HY refinancings; New US CLO deals emerge

Restructurings likely to lead to re-rating of financial sector risk; Domestic markets insufficient for future growth

The Financial Services Authority has slapped Alpari with a £140,000 fine and its former money laundering reporting officer (MLRO), Sudipto Chattopadhyay with a fine of £14,000. According to the FSA report, Alpari failed to have in place adequate anti-money-laundering systems and controls and failed to monitor customer accounts, particularly customers based in Nigeria.