A reversal in fortune for the markets over the past year has led to a sharp rise in wealth for the financial industry's highest rollers. Here, Investment Week brings you a quick fire guide to the 2010 Sunday Times Rich List …
Gartmore fired one of its senior traders for breaching rules just weeks before the suspension of star fund manager Guillaume Rambourg.
The beleaguered Wall Street bank Goldman Sachs boasted that it was making tens of millions of dollars of profits daily by betting against its own clients' investments, according to internal emails released by a US senator.
Invesco Perpetual has appointed industry veteran Nick Mustoe as its new chief investment officer, replacing Bob Yerbury.
Britain's gross domestic product is expected to have expanded 0.4% in the first quarter of 2010, according to a survey of City economists.
Prudential is planning a secondary listing on the Singapore Stock Exchange in addition to its dual primary listing in Hong Kong.
Invesco Perpetual's Neil Woodford is one of a trio of highly regarded managers appointed to run balanced managed unit trusts for St. James's Place.
UK Government borrowing reached a new peak in 2009-10 but undershot the figure forecast in the Budget.
The G20 group of rich and poor countries is likely to make rapid progress on a radical IMF plan to tax the world's financial institutions in the hope of reaching a deal by the end of the year, the chancellor, Alistair Darling, said today.
Goldman chief Lloyd Blankfein attacked the SEC's fraud charges in telephone calls to clients yesterday as the banking giant continues to try and stem the damage to its reputation.