News

Sir Mervyn King, the outgoing governor of the Bank of England who has spent more than two decades at Threadneedle Street, is to be made a life peer.

Markets across the globe tumbled overnight after the US Federal Reserve announced it may slow down asset purchases by the end of the year.

F&C Investments' marketing head Tracy Fennell has left the firm, following a corporate restructure.

The Chancellor, George Osborne, has said it would have been wise to split majority-government owned Royal Bank of Scotland (RBS) into a good and bad bank when the crisis erupted, paving the way for such action to be taken in the future.

Cazenove Capital's head of UK retail Rob Thorpe is to leave the firm imminently as Schroders concludes its takeover of the group.

Raymond James has launched a bundled pricing model on its platform as part of a drive to attract smaller investors.

Liontrust chief executive John Ions has said the group "does not see the need" to offer multiple share classes to different distributors in order to stay competitive.

The Financial Conduct Authority (FCA) has issued its largest ever fine on a retail sole trader - nearly £1m - for sale and rent back failings.

HM Revenue & Customs (HMRC) has issued a number of clarifications on the updated tax rebate position following requests from providers.

The Financial Conduct Authority (FCA) has banned and issued its largest ever fine of nearly £1m on a retail sole trader for sale and rent back failings.