News

The Financial Conduct Authority (FCA) has appointed consultancy Promontory Financial Group and accountancy firm Mazars to lead its skilled persons (s166) review into the failures around the Royal Bank of Scotland (RBS)'s lending practices to small firms....

Oil major Royal Dutch Shell has issued a profits warning for Q4, pointing to higher production costs and lower volumes.

Labour leader Ed Miliband will today outline plans to break up the largest UK banks, ending the dominance of the 'big four'.

Thames River chief executive Toby Hampden-Acton has become the latest senior figure to leave F&C.

Polar Capital has increased assets under management (AUM) by 80% in the nine months to December 2013 despite closing its UK equity desk, the group's update has revealed.

Some of the largest investment trusts in the UK could be set for a performance boost when loans with double-digit interest payments expire later this year.

Goldman Sachs and Citigroup have both reported disappointing profits today, as income comes under pressure from a fall in bond trading.

Hargreaves Lansdown has been urged to end a pricing 'anomaly' that could otherwise mean wealthy clients miss out on the benefits of its new pricing structure.

Hargreaves Lansdown has been tipped to add the £3.5bn in assets needed to replace the revenues lost from its clean pricing model in just nine months by consultancy the Platforum as it continues to 'dominate' the D2C space.

S&P Capital IQ is set to close its fund research business at the end of Q1 after a strategic review, Investment Week understands.