Global

Investors searching for income have piled in to Europe's stash of dividend paying stocks over the past few years.

ON NORTH AMERICA

The Governor of the Bank of England has said the financial crisis is "far from over" as he joined fellow central bank chiefs including Ben Bernanke to discuss economic policy.

Paul Griffiths is leaving his role as global co-head of fixed income at Aberdeen Asset Management, handing over sole responsibility for the role to Brad Crombie.

Japan's Nikkei index experienced its biggest fall since November as concerns about Cyprus and the eurozone continued to batter markets.

Gottex Fund Management is to take a majority stake in UK multi-asset boutique Frontier Investment Management.

The number of fund managers backing a strengthening in the US dollar hit a record high in March, as optimism over the US recovery also gathered pace.

Chancellor George Osborne is to tell the electorate this week that his debt plans are in ruins, with the deadline for bringing UK debt down pushed back by many years.

ON AMERICA

Premier's David Hambidge is expecting the FTSE to break through a record high this year, following an unprecedented start to 2013.