News

A transatlantic banking watchdog would protect American and British taxpayers from bailing out banks which are too big to fail, under new plans.

Royal London Asset Management (RLAM) has appointed Rob Williams as head of distribution.

Aberdeen Asset Management's Hugh Young said dotcom-style bubbles are forming in some Asian income stocks as valuations look increasingly stretched.

The Governor of the Bank of England said he fears active exchange rate management could potentially start a currency war among some of the world's leading economies.

The taxman is investigating a "serious fraud" which allegedly involves Gordon Ramsay's restaurant business.

HSBC and Standard Chartered have agreed record settlements over money laundering allegations as the former agrees to pay $1.9bn to US regulators.

Fidelity's Anthony Bolton has predicted a turnaround in China next year as the economic cycle shifts in the country's favour.

Skandia has agreed terms with Artemis and Invesco Perpetual to add its funds to its restricted panel launching next year.

Panic about house prices, asset bubbles and China caught our readers' attention this year, with the views of leading hedgies and controversial industry figures featuring in our list of the 20 most read stories of 2012.

The price of risky assets is approaching pre-crisis levels, with investors putting a greater degree of risk on the table in Q3 despite a weakening economic outlook, according to the Bank for International Settlements (BIS).