Markets

Business Secretary Vince Cable has warned the government's 81% stake in Royal Bank of Scotland may not be sold off for another five years, arguing a quick sale of shares is unlikely.

Bank of England Governor Mark Carney is an advocate of the virtues of communication, but he may have already backed himself into a corner in his attempt to set out a clear policy path.

US markets could be heading for a 1987-style crash, according to Swiss investor Marc Faber.

A trio of brokers have raised their forecasts for Henderson after a positive set of interim results convinced them that the FTSE 250 group can excel in future.

J.P. Morgan may admit wrongful conduct over its $6bn 'London Whale' trading loss as it nears a settlement with US and UK authorities, according to reports.

Asian stocks have been given a lift by a broadly positive set of Chinese data as investors look to end the week on a high note.

PIMCO's Bill Gross has likened the recent sell-off in bonds to the "Battle of the Somme", but said the group is well positioned to fight on in future.

Schroders chief executive Michael Dobson said the group now has the strongest UK equity team in its history - despite the departure of Richard Buxton.

Shares in asset managers Schroders and Henderson have fallen in morning trading while Aviva climbed following a set of half-year results from the groups.

Aegon's net income fell 2% in the first half of this year, as higher underlying earnings were offset by losses on hedges due to rising equity markets and volatility - and an £18m loss on the sale of Positive Soltuions.