News

A crackdown on employers that set up offshore trusts for top earners has started to pay off, helping HM Revenue & Customs (HMRC) more than double its takings from investigations into big companies' payroll tax avoidance last year.

Transact has said it will halve both its buy commission and dealing charges from 1 March.

BlackRock has defended head of European equities Nigel Bolton after Italian regulator Consob launched legal proceedings against him.

Jupiter is looking at a sale of its private client business after receiving an unsolicited bid for the division, according to reports.

J.O.Hambro Investment Management has rebranded as Waverton Investment Management today following a management buy-out from Credit Suisse.

Ashcourt Rowan has completed the acquisition of Generali Portfolio Management (UK), a deal which gives the group an additional £215m in discretionary assets under management.

Banks' redress payments to customers embroiled in the interest rate swap mis-selling scandal surged to £158.6m in December, putting most banks on track to reach their projected review goals.

The US added far fewer jobs than expected in December, according to latest payroll data, with the disappointing numbers partially blamed on bad weather.

Hargreaves Lansdown co-founder Stephen Lansdown has cleared £35m of debt from the balance sheet of Bristol City, the football club in which he holds a majority stake.

Since Federal Reserve chair Ben Bernanke first raised the prospect of tapering on 22 May, bond funds have endured a torrid run, but some have coped much better than others.