The Office of Fair Trading (OFT) has announced a probe into parts of the investment banking industry.
With the general election behind us and the economic recovery continuing, the outlook for UK equities is one of reasonable growth.
British factory production surged ahead at a rate five times faster than expected in March as the weak pound helped revitalise Britain's export trade.
The Government is understood to be considering plans to offload its stakes in Lloyds Banking Group and Royal Bank of Scotland just weeks after the general election.
UBS is in talks with the Beijing municipal government on setting up a renminbi-denominated private equity fund as the Swiss bank looks to expand in China.
Investment management companies saw out 2009 on a high with sustained profitability and increased confidence, a survey suggests.