Barclays has been dragged into the scandal surrounding Liberty Reserve, a US cash-transfer business accused of running the biggest money-laundering operation in American history.
US markets dipped at opening on Friday following worse-than-expected consumer spending, rounding off a down week which has seen some of the heat come out of equities.
Fidelity Worldwide Investment (FWI) is to expand its range of FAST funds with the launch of a US portfolio for manager Adrian Brass as it moves to create a US equity research desk that can "rival anything in London".
Legg Mason Capital Management veteran Bill Miller is backing airlines in his Opportunity fund, a sector he said has been "uninvestable" until recently.
Conditions for the US housing market have never been better, according to US-based investment banking and brokerage company, Charles Schwab.
JPMorgan Chase head Jamie Dimon survived a protest vote at the firm's annual shareholder meeting yesterday, which may have stripped him of his role as chairman.
The Dow Jones index broke through the 15,000 point threshold for the first time ever on Tuesday.
The FTSE 100 has hit a new five-year high after better-than-expected US jobs data sparked a 50 point rise in the blue chip index.