The US Federal Reserve surprised investors and sent shares soaring after it unexpectedly opted to hold back on any tapering of its stimulus last night.
Shares in Investec were down sharply today after the company said earnings could fall by as much as 10%, amid a tough time for its specialist banking arm in the UK.
Novia's ongoing arrangement to build and administer Aegon's platform netted the group's subsidiary £1m in 2012, the latest results have revealed.
Markets across Asia started the week brightly as traders bet the withdrawal of Fed chair candidate Larry Summers' could slow the US' curtailment of quantitative easing.
Official consumer prices index (CPI) inflation is expected to dip this week when official figures are released.
Former US Treasury Secretary Larry Summers has withdrawn his candidacy to succeed Ben Bernanke as head of the US central bank, the Federal Reserve.
The Financial Conduct Authority (FCA) has fined AXA Wealth Services £1,802,200 for failing to ensure it gave suitable investment advice to its customers.
The Association of Private Client Investment Managers and Stockbrokers (APCIMS) is planning to rebrand as the Wealth Management Association to better reflect its membership.
Analysts at the Bank of America Merrill Lynch have tipped the FTSE 100 to rise to 7,400 next year, citing the strengthening economy and an accommodating central bank as reasons why stocks can reach such highs.
The Royal Mail is to be privatised within weeks, giving every person in the country a chance to take a stake in the business.