News

Mining stocks weighed on the FTSE 100 index on Thursday, as the latest economic data pointed to a slowdown in China and the eurozone.

Neuberger Berman has launched a long/short multi-manager fund for its Hedge Fund Solutions group.

Nucleus has boosted assets under administration by 25% year-on-year in the third quarter after a strong summer for gross inflows.

An action group set up to claw money back from the suspended traded life settlement fund EEA is urging investors to apply to redeem up to 5% of their shares, before the deadline of 28 November.

Vestra Wealth has hired four senior wealth managers specialising in high net worth, entrepreneurial and family clients.

The UK's challenge to overthrow banking bonus cap plans has been rejected by the EU Court of Justice.

Around 8,000 investors have put their name to a lawsuit claiming Lloyds misled shareholders ahead of the bank's acquisition of HBOS six years ago.

Financial Conduct Authority (FCA) technical specialist Rory Percival has said too many regulatory requirements concerning what charges need to be disclosed on investment and savings products make it difficult for advisers to compare costs.

Financial services group Walker Crips reported revenues increased by 12% in the six months to the end of September, but operating profit fell 50% compared to the same period last year.

Regulators have fined the Royal Bank of Scotland (RBS), NatWest and Ulster Bank £56m for IT failures which meant customers could not access banking services.