Prime Minister David Cameron warned last night the global economy is under threat by the failure of eurozone leaders to agree a lasting deal to stabilise the single currency.

US president Barack Obama has said the wealthy and corporations should pay their "fair share" to cut the country's deficit after proposing a tax for the super rich.

Tim Tookey, Lloyds' finance director, is to resign from the group to become chief financial officer at Friends Life.

The UK government is to take legal action against the European Central Bank (ECB) over a planned change to European banking rules it warns could harm the City of London.

European leaders have assured Greece its future remains within the eurozone but warned it must implement the tough austerity measures set out as part of its rescue plan.

Cofunds has today announced its new unbundled charging structure which will launch around the middle of next year alongside the bundled model. But is the supermarket offering a good deal for clients?

Fidelity's Anthony Bolton is headlining our Senate Autumn Investment Conference next week and we have a few places left for wealth managers wanting to hear from one of the world's leading investors.

Brett Williams, the former head of both the Skandia and Cofunds platforms, has joined the board of boutique fund house Insynergy Investment Management as a non-executive director.

The US is planning to sue more than a dozen major banks for misrepresenting the quality of mortgages they sold during the housing bubble, the New York Times reports.

A lawyer representing about 2,700 investors in the suspended Arch cru funds said today's letter from Capita detailing possible offers they could receive only created "more confusion not clarity".