News

BP has reported an uptick in profits in the first quarter, although profits fell 9% compared to Q1 2012 as the group continues to sell off assets to pay for the Gulf of Mexico oil spill.

Big moves in the technology and materials sectors helped the S&P 500 close at its highest ever level on Monday.

The Financial Conduct Authority (FCA) has charged two men with promoting and marketing an unauthorised investment scheme.

Len Warwick, who has been described by colleagues as a "pioneer" of professionalism and treating customers fairly (TCF) in financial services, has died aged 68.

BNP Paribas has launched the first ever range of trackers offering access to FTSE 100 dividend futures within its range of Exchange Traded Certificates, known as EasyTrackers.

BlackRock has joined a growing list of fund groups to reject calls for a ‘super clean' share class, instead favouring a single stripped-down class to avoid adviser confusion.

Architas has expanded its distribution team with the appointment of Philippe Broadhead and Daniel Haylett.

Aberdeen CEO Martin Gilbert has raised the prospect of closing the group's Asia Pacific equity funds in the near future after admitting it "cannot cope" with soaring inflows.

Aberdeen Asset Management saw its shares jump 9% in trading this morning after the group reported a huge hike in its dividend.

Former England batsman Paul Collingwood is suing Sigma Wealth Management, accusing the company of losing over £300,000 through risky investments.