News

Lloyds Banking group is back in the black after announcing a pre-tax profit of £2.1bn for the six months to the end of June - and said it is on course to target IFA clients "orphaned" by RDR.

Yields on 10-year treasuries have spiked back above 2.7% after US Q2 GDP data easily beat expectations, increasing the likelihood of a quantitative easing slowdown.

A new report has identified 16 countries poised to succeed China as the global driver of manufacturing growth.

IMA chief executive Daniel Godfrey (pictured) discusses the trade body's initiative to clarify fund charges.

The Financial Conduct Authority (FCA) has agreed to issue further guidance on the treatment of legacy cash rebates as part of its next quarterly consultation paper.

Equity boutique Majedie Asset Management has hired Richard Staveley from River and Mercantile as a manager on its flagship UK Equity fund.

Wealth managers and asset managers have led the pack in early morning trading after a number of companies delivered positive updates to the market.

The £959m City of London investment trust, headed up by Job Curtis (pictured), has dropped its performance fee in a move to become more attractive to retail investors.

With interest rates in the UK at a historic low, investors have been looking for income strategies to boost the yields of their portfolios.

Four individuals have been arrested following house searches carried out by the Financial Conduct Authority (FCA) and Metropolitan Police in West London.