Equities

Shares in Barclays fell in early trading as investors were once again forced to deal with another potential scandal at the bank, following confirmation the SFO is investigating deals it made during the credit crisis.

Today Barclays has been hit with another scandal which has been bubbling along in the background for some time, but with a new chief executive also arriving, do the bank's shares look attractive?

Citigroup is to pay out $590m to shareholders in one of the biggest settlements connected to the global financial crisis, after it was accused of hiding its subprime exposure during the 2008 crash.

The US economy expanded by 1.7% in the second quarter, more than previously thought, the latest reading has shown.

Martin Currie has hired sales manager Phil Raby to spearhead the firm's intermediary business in the North of England, the Midlands and South West.

The Spanish region of Catalonia has asked the central government for a €5bn pay-out to help the struggling region, amid the country's latest GDP data showing it is in a deeper recession than feared.

ON EUROPE

Invesco Perpetual's Neil Woodford has said the criticism directed by MPs at G4S CEO Nick Buckles over Olympics security was like a "medieval persecution'.

AstraZeneca has named Pascal Soriot, Roche's chief operating officer of pharmaceuticals, as its new chief executive officer.

Apple shares hit a new record of almost $681 a share in US trading overnight as investors continued to digest the fallout from a $1bn patent lawsuit.