News

BlackRock's Richard Plackett, manager of the £1.4bn UK Special Situations fund, has identified five small and mid-cap stocks which have helped him add value to his fund.

Castle Trust, the investment and mortage business designed to help unlock the housing market, has been notified the FSA is set to authorise the business.

Facebook shares fell 10% in after-hours trading after the company revealed a second quarter loss of $157m as revenue growth slowed.

Barclays has reported pre-tax profits of £4.2bn for the six months to 30 June but has set aside £450m for swaps redress and revealed its finance director is involved in a fresh investigation by the FSA.

The European Commission is consulting on potential changes to the UCITS framework with improvements to the regulation of money market funds, short-termism and harmonising the investment industry's approach to fund redemptions among the items on the agenda....

Fewer financial institutions will be able to dodge the incoming FATCA rules, according to the latest agreement on the US tax regime.

European stocks are climbing after a four day sell-off, following a pledge from European Central Bank president Mario Draghi that the ECB will "do whatever it takes to preserve the euro".

Investment bank Citigroup has forecast a 90% chance Greece will leave the euro in the next 12 to 18 months.

Fidelity's Anthony Bolton has moved to reassure investors now is the perfect time to be in the Chinese markets, as hedge funds withdraw from the region and short-sellers move in.

The chief executive of Japan's Nomura Holdings has resigned following a damaging insider trading scandal.