News

BP has raised its dividend by 12.5% to 9c a share, but reported a fall in profits in the third quarter.

A care home group is suing Barclays for £37m over the rigging of LIBOR in a landmark case which could force the bank to disclose the names of managers involved in the scandal.

The Financial Services Authority (FSA) is to set the income threshold under which firms will only have to pay the minimum annual fee at £100,000.

Lothar Mentel, former Octopus chief investment officer, has joined advisory group Paradigm as CIO of its new investment management venture, Tatton Investment Management.

The Premier Multi-Asset High Income fund has been renamed and will now pay monthly, rather than quarterly, income to investors.

France is set to slide into recession imminently, sparking changes in government as soon as next Spring, according to Carmignac Gestion founder Edouard Carmignac.

Hargreaves Lansdown is topping the list of fallers on the FTSE 100 today after analysts at Citi marked the stock as a 'sell' over RDR fears.

The deadline for Arch cru investors to accept payments from a £54m scheme set up by Capita and the funds' depositories has been delayed by 12 months until 31 December 2013.

A financial adviser has been banned and fined £117,330 for mis-selling unregulated collective investment schemes (UCIS).

Barclays has teamed up with Amundi Investment Solutions to launch a fund providing exposure to US takeovers.