The FTSE 100 has started to recover during this morning's trading, after its first poor finish since the start of the year on Monday.
HSBC says sterling will weaken this year as it faces a "triple cocktail" of potentially destructive factors from China, the US and the eurozone.
The LIBOR-rigging scandal that engulfed the banks in 2012 further dented their badly tarnished reputation and dealt another blow to public confidence, leaving investors uncertain how to play the sector.
Emerging market stocks rose for the ninth day in a row today on increased investor confidence, driven by positive data from China and the US.
Global equities are rallying hard as strong data from China and a deal to avert the US fiscal cliff give cause for optimism.
London's blue chip index approached its year-high in morning trading, with banking shares among the best performers, as hopes for a resolution to the US fiscal cliff boosted sentiment.
Investment Week rounds up the most memorable quotes from our favourite (and most outspoken) industry commentators throughout 2012.
The FTSE 100 has reached its highest level since March following positive consumer data from Germany and signs of improving growth in China.
Panic about house prices, asset bubbles and China caught our readers' attention this year, with the views of leading hedgies and controversial industry figures featuring in our list of the 20 most read stories of 2012.