News

UniCredit has seen its shares suspended for the second time after they plunged almost 10% as it unveiled the price of a €7.5bn (£6.3bn) rights issue.

The Financial Services Authority's (FSA) report into the failure of HBOS is being delayed by a legal challenge from Peter Cummings, a former senior executive at the bank.

The FTSE 100 closed at its highest level for over two months last night as world markets soared on the first day of trading in 2012.

Bill Gross' flagship bond fund has been hit with a wave of redemptions which has left it recording annual outflows for the first time in its history.

The US Federal Reserve is to start publishing forecasts of where it expects interest rates to be in the future in an effort to strengthen the economic recovery.

Advisers should expect a sharp focus on their investment propositions when the Financial Services Authority (FSA) begins its review of small firms later this year, according to Simplybiz managing director Matthew Timmins.

US indices have opened almost 2% higher on the first trading day of 2012 as risk appetite resumes across global markets.

Investec Asset Management's Max King and Philip Saunders have backed the winners of the 2011 to once again outperform this year amid ongoing volatility in global markets.

Discretionary fund manager Saltus has launched a global equity fund in an extension of its IFA-focused offerings.

Investment veteran Jim Rogers has predicted the euro could see a near-term bounce, despite investors continuing to be overly bearish on the eurozone.