News

Kames Capital is expanding its property management team with two new hires after launching its first ever Property Investment Authorised Fund (PAIF) last month.

Outsourcing group Quindell has initiated legal action after an attack by a short-seller sent its share price tumbling 39%.

London's Gherkin skyscraper has entered receivership after one of its owners filed for insolvency.

RBS will not pay out bonuses in line with its rival banks, after the UK government said it would not support a payout ratio of two times executive salaries.

Former New Star manager Patrick Evershed has reportedly been jeered at Barclays' AGM today after attempting to defend the bank's bonus proposals.

Compliance which adds little to the client experience except an extra layer of cost is on the regulator's radar as an area of concern it is investigating, Financial Conduct Authority (FCA) technical specialist Rory Percival has said.

Standard Life Investments has taken the unusual step of criticising Barclays during its AGM, attacking the bank over its latest remuneration proposals amid a fiery meeting.

The FTSE 100 has risen 0.7% in early trading to touch its highest level in six weeks, driven by gains for pharmaceutical giant AstraZeneca and the mining sector.

Franklin Templeton's fixed income head Michael Hasenstab has said Japan's stimulus programme will help support the global recovery and offset tighter monetary policy from the US Federal Reserve.

Henderson Global Investors has reported net inflows of £3bn in Q1 2014 as it continues to enjoy a turnaround in the fortunes of its retail business.