News

The Financial Services Authority (FSA) is proposing to give more information to whistleblowers about the cases they report to the regulator.

Bill O'Neill has left Merrill Lynch Global Wealth and Investment Management to join UBS.

Baillie Gifford has moved to soft-close its Diversified Growth fund in order to protect performance, following a surge of inflows in the past year.

John Taylor, founder of the $3bn FX Concepts fund, has predicted the pound will rally from here against the euro after its recent fall, as attention returns to the eurozone.

Schroders is preparing to launch a global bond product for Bob Jolly, the firm's head of global macro.

Graham Glass has joined City Financial to spearhead the group's fixed income operations, as the firm looks to build up its product range in this area.

Warren Buffett has described last year's performance for his Berkshire Hathaway group as "subpar", despite a 45% rise in profits over the period.

Shares in banking giant HSBC fell 2% in early trading today as it reported profit before tax was $20.6bn(£14bn) in 2012, down 6% on 2011.

Jeremy Tigue's £2.6bn Foreign & Colonial investment trust has moved to satisfy income hungry shareholders after announcing a 19.7% dividend hike for 2012.

A leading equity manager warning on equity markets, the overhaul of the IMA's Absolute Return sector and Skandia's latest plans all made our top ten list of the most read stories last week.