News

JPMAM economist Dan Morris says credible end to the crisis is in sight with progress made towards hitting three crucial benchmarks.

The chairman of the FSA has suggested Parliament will have to give the Financial Conduct Authority (FCA), one of its successor bodies, even greater powers to protect consumers.

Henderson head of SRI George Latham believes we are building up ecological debt just as we accumulated financial debt in the past.

Standard & Poor's last night warned it is likely to downgrade the sovereign debt credit ratings of France, Spain, Italy, Ireland and Portugal if the economic slowdown intensifies.

Dexia, the bank bailed out by the French, Belgian and Luxembourg governments, loaned €1.5bn to two of its investors who then used the cash to buy shares in the company, it has been claimed.

F&C Investments' head of governance Karina Litvack believes Polyus Gold, the biggest gold miner in Russia, should not be granted a FTSE 100 listing as minority shareholders would not be protected.

French asset management firm Carmignac Gestion has warned the European Financial Stability Fund (EFSF) is inadequate and ministers need to increase its firepower in order to quell the threat of contagion.

LGIM is set to change the name and investment objective of its £487m Diversified Absolute Return Trust and move it out of the Absolute Return sector.

European regulators may be given new powers to suspend credit ratings of countries seeking or undergoing bailouts to prevent the "negative spillover effects to other countries", according to proposals for tougher regulation issued by the European Commission....

A decision - scheduled for Sunday - on whether to boost the eurozone's €440bn rescue fund has been delayed due to fresh disagreement between France and Germany about how to address the debt crisis.