US Federal authorities are reportedly investigating RBS over possible dealings with Iran, the latest case of a UK bank coming under scrutiny from US regulators.
The Federal Reserve and Department of Justice are probing RBS after the bank volunteered information to them and UK regulators 18 months ago, according to the Financial Times. The investigation, centring...
Pearson falls 11%
New role in September
JOHCM's Beagles: Post-referendum economic and company data proves it is not as gloomy as many believe
More than a month on from the EU referendum and the sky has not fallen in. Helped by the Conservative party's usual brutal efficiency that ensured the political vacuum was quickly filled, financial markets have stabilised.
The US market continues to climb higher on encouraging economic data, recovering oil prices and the Federal Reserve's cautious approach to raising interest rates, writes Franklin Templeton's Grant Bowers.
Prime Minister Shinzo Abe won a decisive victory in the Upper House polls last month. His ruling coalition now holds a 'super majority' control of both houses of parliament (ie, holds de-facto more than two-thirds of all parliamentary seats), writes Jesper...