News

Royal Bank of Scotland has been fined $100m (£61m) by US regulators for violating US sanctions against Iran, Sudan, Burma, and Cuba.

Japan's Nikkei fell for a second day overnight, while indices around the world also moved lower, as investors pull money out of the market on fears of imminent tapering by the US Fed.

Brian O'Neill, one of the country's longest-serving managers, is to retire from his role running the Henderson Global investment trust next year.

The UK economy has been tipped to breach its pre-crisis peak as early as next year, instead of 2016, as previously forecast, by UK business network the British Chambers of Commerce.

Baring Asset Management has hired former Martin Currie director Duncan Goodwin to head its global resources team.

Fidelity Worldwide Investment has secured best price fund deals from the vast majority of its major fund partners after groups agreed to sign up to its recently-unveiled Access programme.

Brooks Macdonald International has launched a managed portfolio service for advisers' international investors.

The trial of Arch Financial Products and its chief executive Robin Farrell has been postponed until next month.

Lloyds Banking Group has been hit with a record fine by the Financial Conduct Authority (FCA) for retail conduct failings - related to serious flaws in the controls over sales incentive schemes - of over £28m. But what went so wrong?

Scottish Widows Investment Partnership (SWIP) has switched pricing on its £2.5bn Property trust from a mid- to an offer-price basis after a surged in inflows.