News

The Financial Conduct Authority (FCA) has fined co-operative banking group Rabobank £105m for its role in the LIBOR rate-fixing scandal, with the group paying over $1bn in fines in total.

Shares in oil giant BP shot higher this morning, lifting the wider market, after the group pleased investors by raising its dividend.

The Financial Services Compensation Scheme (FSCS) has said it is likely it will be forced to raise a supplementary levy on investment advisers before the end of the current levy year, to make up for losses incurred by the failings of ARM bonds and their...

Liontrust AM's chief executive John Ions expects John Husselbee's Wealth Solutions service to become a significant part of the business over the next few years, following the takeover earlier this month.

Tech giant Apple saw profits fall for the third consecutive quarter as it reported its full-year results, although iPhone sales continued to rise.

Lloyds Bank has reported growing profits for the first nine months of the year as it starts down the path to reprivatisation, but continues to suffer from the impact of ongoing PPI claims.

Kunal Ghosh, the new San Diego based manager of the Allianz BRIC Stars fund, has begun to tilt the portfolio away from its titular focus in favour of smaller emerging markets.

UBS Exchange Traded Funds has listed 14 ETFs on five UK platforms in a move to make its products more accessible to IFAs and retail investors, following a recent fee cut.

Some of the largest multi-asset funds in the UK retail space have seen performance slump in recent months after they struggled to navigate a difficult summer.

Former Skandia proposition director Richard Vincent has joined Threadneedle to develop the group's multi-asset proposition.