The FTSE 100 has halted its two-day slide as investors buy back into equities following yesterday's sharp sell-off, with Lloyds and other financials leading the pack.
The Nikkei endured further sharp losses on Thursday, entering a bear market as investors sold Japanese shares ahead of an expected tapering of QE by the US Federal Reserve.
Shore Capital has upgraded wealth manager Brewin Dolphin to a 'buy' after the group successfully navigated the RDR rule change by retaining clients despite an increase to its fees.
Austrian fund manager Raiffeisen Capital Management has introduced sterling share classes on three of its emerging market equity funds.
Supermarket giant Tesco suffered another fall in sales in the UK in the first quarter of this year as the business continues to struggle to regain momentum amid the economic slowdown and the recent horsemeat scandal.
Nearly five years after the worst of the financial crisis, the global economy still faces huge challenges.
Martin Currie has hired Damian Taylor as investment manager in its Edinburgh-based Asian equities team.
The FTSE 100 index fell once again today as nervous investors continued to take profits, but it remains on track to lock-in its twelfth consecutive month of gains.
BlackRock has hired Daniel Whitestone from UBS to bolster its UK small- and mid-cap equities team.