News

The Financial Conduct Authority (FCA) is to defer its capital adequacy requirements on personal investment firms (PIFs) - which were due to kick in at the end of this year - by a further two years, and will use the time to review its entire approach to...

A consortium involving Schroders and Threadneedle has failed in its bid to buy 314 bank branches from RBS after the bank agreed a sale with another bidder.

Every fund experiences periods of underperformance from time to time, but which out of favour fund managers could be about to turn things around?

The FTSE 100 index was in the red just after midday, dragged down by mining stocks which sold-off as oil and metals prices weakened.

James Calder, research director at City Asset Management, has revealed the top five niche investments he holds in his portfolios.

A former accountant for Bernard Madoff was arrested on Thursday, nearly five years after the fraudster's huge Ponzi scheme was uncovered, an FBI spokesman said.

Asian stocks rose overnight, leaving the region on track for its best monthly run since 2010, as positive inflation data from Japan cheered investors.

Bank of England Governor Mark Carney has said the UK economy is recovering and does not need a further expansion of the quantitative easing programme.

The Royal Mail is to float next month, with the company valued at up to £3.3bn, the government has said.

Ed Rosengarten, head of UK asset management at City Financial, is to leave the firm.