News

Asian stocks jumped today as India installed a new central bank governor with ambitious plans to stabilise the falling rupee and support the banking sector.

The former chief executive of The Co-operative Bank yesterday accused his successors of taking their "eye off the ball" ahead of the lender's failed bid to buy more than 600 Lloyds branches, a move which deepened a £1.5bn capital hole in its accounts....

Rowan Dartington has restructured its senior team, resulting in Tim Cockerill taking over as investment director and Guy Stephens as managing director of the Signature division.

Invesco Perpetual is preparing to roll out its answer to Standard Life Investments' GARS fund with the trio of managers it poached from the group.

Shares in low-cost airline Ryanair tumbled 15% on Wednesday after the firm issued a surprise profit warning.

Gold funds were standout winners in August as investors' appetite for risk waned amid concerns of a tapering of monetary stimulus in the US and potential military action in Syria.

Hargreaves Lansdown co-founder Peter Hargreaves has said his biggest fear is how customers will react to forthcoming changes to the platform's pricing model.

Mirabaud Asset Management's newest hire Fatima Luis has outlined her ‘screaming buys' in the high yield bond market in an environment of renewed volatility.

Standard Life Investments (SLI) and Legal & General Investment Management (LGIM) are reportedly looking to sue Royal Bank of Scotland (RBS) over a controversial £12bn cash-call in 2008.

BlackRock is set to soft-close its £1.96bn European Dynamic fund, run by Alister Hibbert, while its European Absolute Alpha fund will be capped at £100m.