News

Aon Hewitt's Craig Nowrie is to join Threadneedle as a portfolio manager in Toby Nangle's multi-asset allocation team.

Plans to place loan-to-income restrictions on mortgage lenders have been announced by the Bank of England's Financial Policy Committee (FPC).

US prosecutors have hit Barclays with fraud charges which claim the British lender lied to investors about its dark pool electronic trading operations.

Central bankers are to confirm later today whether they will act on growing concerns about the housing market.

Financial services firm WH Ireland has expanded its private wealth management business in a bid to grow assets under management.

Majedie Asset Management is ready to launch two new funds - Global Equity and Global focus - for a recently hired team as it expand into global equities.

US GDP contracted 2.9% in the first quarter as bad weather had a worse-than-expected impact, according to final estimates.

Woodford Investment Management raised £1.6bn for the CF Woodford Equity Income fund during its offer period this month, the company has announced.

The Financial Conduct Authority has charged a former Schroders equities trader with nine counts of insider dealing.

Wonga, the UK's largest payday lender, has been forced to repay £2.6m to customers by the Financial Conduct Authority (FCA) after the regulator found it sent fake legal letters to borrowers.