News

Barclays has been dragged into the scandal surrounding Liberty Reserve, a US cash-transfer business accused of running the biggest money-laundering operation in American history.

Sir Mervyn King has said the public has "every right to be angry" with banks, but urged people to move on from demonising bankers, in one of his final interviews before stepping down.

Goldman Sachs Asset Management (GSAM) has launched an emerging market debt fund which will actively allocate across government and corporate debt, and across currencies.

India has recorded its worst GDP growth in a decade as fears persist over high inflation and a slump in manufacturing.

US markets dipped at opening on Friday following worse-than-expected consumer spending, rounding off a down week which has seen some of the heat come out of equities.

Standard Life Investments (SLI) is looking to convertibles for returns in its £106m Strategic Bond fund as investment grade opportunities diminish.

A look at what might be on the regulatory horizon for wealth managers was a story which caught our readers' attention this week.

Investec Asset Management has launched an offshore version of John Stopford's Global Diversified Income fund.

The number of financial advisers with chartered status has increased 24% year on year, according to a document released by the Chartered Institute of Insurance (CII) today.

The FTSE 100 index fell once again today as nervous investors continued to take profits, but it remains on track to lock-in its twelfth consecutive month of gains.