News

Geir Haarde, the former Icelandic Prime Minister, is to go on trial on charges of negligence during the 2008 financial crisis.

Quantitative easing will not lift the UK out of its economic slump, as monetary stimulus in a financial downturn is ‘like stuffing cash into a black hole', said Eden's Leigh Himsworth.

Marlborough's Giles Hargreave has reversed his notoriously bearish stance on equity markets for the first time since 2008, telling investors now is the time to be fully invested.

Barclays shares have rallied following the news the UK bank has accepted €8.2bn in three-year loans from the European Central Bank's latest lending programme.

HSBC's chief economist Stephen King has warned the rapidly rising oil price is a greater threat to the world economy and financial markets than a Greek default.

Prashant Kothari has joined Pictet's emerging markets equity team, responsible for Indian equities.

As a tearful Vladimir Putin took the Russian presidency over the weekend amid allegations of vote-rigging, investors are concerned the win could trigger protests and market uncertainty.

Renaissance Asset Managers has launched a Luxembourg-domiciled fund aiming to tap into growth in the frontier markets.

A surge in protectionism driven by a persistently weak Chinese renminbi remains a wildcard for the global economy that should not be discounted, according to Jupiter CEO Edward Bonham Carter.

THE GREEK 'DEFAULT'