David Cameron has reassured British savers worried by the a raft of downgrades of Spanish banks, describing British banks as well regulated and well capitalised.

Reports that China is eyeing a fresh round of stimulus to boost growth in the country helped lift European stocks out of the doldrums Monday.

Shares in JPMorgan Chase slid even further today with a 8.5% drop in early trading on Wall Street, following a surprise $2bn derivatives trading loss.

The FTSE 100 sunk through the 5,500 level today as political woe in the eurozone continues to cloud the outlook for the global economy.

Baillie Gifford's James Anderson has bought into the Italian stock market for the first time in years, claiming Italy is in a better financial position than the UK.

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European stocks dropped this morning as concerns grow over Greece's struggle to form a new government, and the French election results create uncertainty.

Investment Week has revealed the shortlist for its 17th annual Fund Manager of the Year Awards.

BlackRock's Bob Doll said stock prices need to rise and bond prices need to fall before American investors will buy US stocks again.

Miners dragged the FTSE 100 down this morning after Australia cut its economic growth forecast, with investors also nervous ahead of key US jobs data.