News

The long-awaited Facebook IPO will finally be priced tonight, ending months of speculation, but should investors be moving to back the technology giant?

Star bond fund manager Richard Hodges has warned the UK is likely to lose its coveted AAA-rating next year as the ongoing crisis takes its toll.

The FTSE 100 has dropped more than 1% as the Spanish banking crisis intensified, with shares in bailed out Bankia shedding 25% today alone.

Investec Asset Management has revealed it intends to break into the top five independent asset managers by assets within the next five years, after seeing strong inflows in the last year.

Credit Suisse, Julius Baer, and the Royal Bank of Canada are believed to be among bidders for the wealth management arm of the Bank of America, which could fetch $2bn.

Former Close Asset Management executives have launched a property and tax planning investment management business called TIME Investments.

Investec Asset Management's Alastair Mundy has revealed buying JJB Sports five years ago was the biggest mistake of his investment career.

Asian markets climbed overnight on indicators the Federal Reserve may initiate further quantitative easing, after initially putting plans on ice.

Gold had lost a fifth of it value since its peak last year as investors move into cash as fears over the eurozone crisis intensify.

Japanese government spending helped fuel a gradual recovery fron last year's earthquake and tsunami, with growth up 1% for Q1 compared to the previous quarter.