News

Standard & Poor's has cut the counterparty credit ratings on three French banks, following its removal of France's AAA rating earlier this month.

Fidelity and Legal & General IM (LGIM) have given their support to Vince Cable's proposals to clamp down on boardroom pay and push for greater transparency.

Shares in Asia climbed overnight despite a stalemate in Europe as talks between Greek bondholders and politicians dragged on.

Billionaire investor Warren Buffett has pledged to give a chunk of his income to help pay down the US' national debt, if politicians do the same.

Fidelity European fund manager Sam Morse has clashed with peer Chris Rice at Cazenove over the outlook for key European stock Nestlé.

A blanket ban on traded life policy (TLP) investments would amount to "overkill" and could hamper the UK's ability to compete in global markets, according to SL Investment Management (SL).

Carmignac's chairman Edouard Carmignac has warned economic growth could weaken as a direct result of the financial transactions tax if it is given the go-ahead.

Wealth management firm Quilter, owned by Wall Street bank Morgan Stanley, is in discussions about a possible sale to a private equity firm.

Ariel Bezalel, manager of the £593m Jupiter Strategic Bond fund, has opened his first ever short position in US treasuries, citing the opportunity for an asymmetric trade as the US economy recovers.

The latest Dividend Monitor report from Capita Registrars has unveiled the top ten dividend paying stocks in the UK market last year.