News

Labour leader Ed Miliband will today outline plans to break up the largest UK banks, ending the dominance of the 'big four'.

Thames River chief executive Toby Hampden-Acton has become the latest senior figure to leave F&C.

Polar Capital has increased assets under management (AUM) by 80% in the nine months to December 2013 despite closing its UK equity desk, the group's update has revealed.

Some of the largest investment trusts in the UK could be set for a performance boost when loans with double-digit interest payments expire later this year.

Goldman Sachs and Citigroup have both reported disappointing profits today, as income comes under pressure from a fall in bond trading.

Hargreaves Lansdown has been urged to end a pricing 'anomaly' that could otherwise mean wealthy clients miss out on the benefits of its new pricing structure.

Hargreaves Lansdown has been tipped to add the £3.5bn in assets needed to replace the revenues lost from its clean pricing model in just nine months by consultancy the Platforum as it continues to 'dominate' the D2C space.

S&P Capital IQ is set to close its fund research business at the end of Q1 after a strategic review, Investment Week understands.

Advisers and providers share the burden of responsibility for managing potential conflicts of interest, the Financial Conduct Authority (FCA) said in a guidance paper out today.

Ex-Financial Services Authority (FSA) chief executive Sir Hector Sants is being courted by the Archbishop of Canterbury to lead a financial taskforce, just two months after leaving a key role at Barclays with "extreme stress and exhaustion".