Economics

The ABI has warned Europe's biggest banks they could face a debt buyers' strike, amid an increasingly bitter feud over controversial changes to their bonds.

The US Federal Open Market Committee(FOMC) is remaining cautious over the country's economic outlook, despite recent positive data buoying investor sentiment.

Fears of a financial crisis hitting the UK are at their highest level since the collapse of Lehman Brothers, Bank of England research has revealed.

3.10pm: US markets have shrugged off poor third-quarter GDP results with trading muted early in the session.

US GDP was revised down from 2.5% to 2% in the third quarter, the Commerce Department said today.

Swiss bonds were returning a negative yield during trading today as the country's government sold 6 month paper at -0.148%.

Henderson Global Investors' sustainable and repsonsible investment (SRI) team is on the verge of leaving the firm after their funds are to be handed to other parts of the business.

The former chief executive of AIG is suing the US government for $25bn for its 'unconstitutional' takeover of the insurer in 2008.

The World Bank has defied many commentators by forecasting China is heading for a soft landing, with growth in excess of 8% next year.

Investors should have been buying portfolios of gilts, treasuries and bunds, as well as commodities, while avoiding major indices, to maximise returns in 2011.