News

Former Financial Services Authority (FSA) chief executive Hector Sants is in talks to join accountancy firm Deloitte as an equity partner, according to reports.

The Financial Services Authority (FSA) has publicly censured a mortgage broker who "recklessly" submitted incomplete mortgage applications for himself.

Fund manager Gervais Williams has written to the IFA community following his comments made in a Sunday Times interview last month, in which he labelled financial advice 'expensive'.

Alliance Trust chief executive Katherine Garrett-Cox has said investment trust buyers are too fixated with discounts, urging them to look more at long term share price and NAV performance.

David Gardner, head of EMEA sales and BlackRock's iShares veteran, is set to retire after 12 years.

Fidelity's Ian Spreadbury has warned conditions in bond markets are the most risky he has seen since he started his career 30 years ago.

Australia's central bank has cut its benchmark interest rate to 3% in order to counter a slowdown in its mining sector.

The banking crisis has been as damaging to the UK economy as a world war, a top Bank of England (BoE) official has said.

Publishing a fund's single-year transaction costs alongside total expense ratios could mislead investors, according to Daniel Godfrey, new CEO at the IMA.

Artemis UK Growth managers Tim Steer and Stephen Yiu have bought into Lloyds as they increase exposure to domestic-oriented stocks and start shorting former favourites.