Economics

RBS expects Greece will experience a hard default this December in a move it says will cause "violent contagion" in global markets.

Kames Capital's bond managers Stephen Snowden and Phil Milburn have warned it is too early to start buying up cheap stock as we are only 75% of the way through the European sovereign debt crisis.

The Swiss franc has fallen 9% against the euro after the Swiss National Bank (SNB) said it was setting a minimum exchange rate against the single currency.

M&G's bond expert Matthew Russell on the returns Mervyn King and co have generated since the start of QE.

(Updated 2:30pm) Banks are continuing to take the brunt of the latest market sell-off as fresh fears of a European banking crisis emerged on Monday.

Fears over Italy's ability to push ahead with fiscal reforms have pushed bond spreads back up towards record levels as investors rush to safety once more.

The FTSE 100 is extending early losses after data from the vital UK services sector showed the largest decline in activity in a decade.

The Independent Commission on Banking (ICB)'s plans to ring-fence will have a very limited impact on the UK's economic output, according to Ernst & Young.

Alistair Darling has launched a scathing attack on Mervyn King's governorship of the Bank of England during the financial crisis, and warned the government's decision to hand more power to the institution is a mistake.

Old Mutual Asset Managers has hired a new head of wholesale after poaching Simon Smith from Standard Life Investments.