News

Banking regulators in Jersey have warned consumers and investors not to deal with a bank claiming to operate in the Channel Islands.

Bank of Japan board members were divided on the central bank's decision to unleash surprise stimulus measures at the end of October, minutes of their meeting have revealed.

Barings multi-asset manager Christopher Mahon has warned the chances of a fresh Black Monday-style crash are rising, as policy decisions increasingly drive markets.

Some wealth managers are unclear and inconsistent in their communication with clients regarding in-house fund ranges, an FCA review has found.

BT shares jumped 3.7% in afternoon trading after the telecoms group revealed it is in talks over a potential £10bn takeover of mobile businesses O2 or EE.

The departure of star managers may have hidden costs for investors "stampeding" for the exit, a wealth manager has warned.

Citi analysts have downgraded platform giant Hargreaves Lansdown to a 'sell' due to expected pressure on revenues as platform fee competition intensifies.

Some 30% of money held in the IMA's two main UK equity sectors is stuck in closet trackers that are losing investors money, according to new research by Premier Asset Management.

Friends Life was the biggest riser in the FTSE 100 index this morning, while Aviva was the largest faller after plans for a merger between the two companies were announced on Friday.

Old Mutual Wealth, the UK's third largest adviser platform with funds under administration of £30bn, will begin bulk converting any remaining clients in bundled share classes to unbundled in February 2015.