News

Bank of England policymaker Andy Haldane, has slated ring-fencing proposals for being too weak and said "King Kong" banks should be no larger than $100bn.

An adviser has had his application to become an approved person rejected because of his failure to disclose past convictions and a prosecution for mortgage fraud.

The European Parliament has voted against a ban on commission payments in Europe in a move placing it at odds with the FSA's stance under the incoming Retail Distribution Review (RDR).

London's FTSE 100 had sold off around 0.6% just before US GDP figures were released on Friday, with mining stocks bearing the brunt of the sell off.

The US economy grew by 2% in the third quarter of 2012, beating forecasts despite ongoing fears the US elections and the impending fiscal cliff are putting businesses off from spending heavily.

Four years on from the demise of Lehman Brothers the effects of the financial crisis are still being felt across the global economy, stunting GDP growth across both developed and emerging economies.

Zurich has today released details of its Retail Distribution Review (RDR) charging structure and plans to close some of its products.

Jupiter Fund Management scooped diversified group of the year at S&P Capital IQ's 2012 fund awards last night.

The UK Statistics Authority has called for a review into the early release of sensitive economic data after Prime Minister David Cameron appeared to let slip details of Q3 GDP ahead of time.

Apple, the world's largest company, revealed profits in the fourth quarter missed analysts' estimates, prompting a share price drop of 1.5% in after-hours trading.