News

The Royal Bank of Scotland (RBS) has been fined £5,620,300 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions it made in wholesale markets, and in some instances, failing to report transactions at all.

Disappointing Chinese manufacturing data has sent Asian equities into reverse and raised further questions over extent of the country's economic slowdown.

Apple shares rose by almost 5% in after-hours trading after its third quarter results beat analysts' expectations, boosted by strong iPhone sales.

The next chief executive of state-backed lender Royal Bank of Scotland could be named next week, according to reports.

Three British men who ran an international organised crime gang that conned UK investors out of £80m have been jailed for a total of 43 years by a US judge.

US equities can benefit from the end of QE and post an annualised return of 10% by end-2014, according to AXA IM head of research Eric Chaney.

The UK needs about 5,000 extra financial advisers to cope with the rising demand for retirement advice, research from Standard Life concludes.

Top performing small-cap manager Giles Hargreave has stepped down from his co-manager role on the £90m Marlborough UK Leading Companies, handing the mandate to Richard Hallett.

Invesco Perpetual bond duo Paul Causer and Paul Read have boosted liquidity in their £5.5bn Corporate Bond fund to take advantage of new value opportunities which have emerged after the recent bond sell-off.

Standard Life Investments (SLI) is reviewing its remuneration policy after Euan Munro became the latest star name to announce his departure from the firm last week.