News

EU leaders have agreed a further €109bn (£96bn) bailout for Greece, one-third of which will come from private sector bondholders.

Castlestone has released a new statement emphasising the FSA's ongoing investigation into the firm does not relate to any criminal activity.

European markets have surged on reports eurozone leaders will back a 'selective default' on Greek debt.

Investment Week and our sister title InvestmentEurope provide ongoing updates of the latest industry thoughts around today's crisis talks on the future of the euro.

FSA chief executive Hector Sants insists the regulator is considering the Treasury Select Committee's recommendations on the RDR, following an angry letter from TSC chairman Andrew Tyrie.

Angelos Damaskos, manager of the £54m Junior Oils Trust, has bucked the trend to move defensive over the summer by increasing his equity exposure by 20%.

Credit rating agencies should not be blamed for intensifying the debt crisis in Europe, according to a House of Lords committee.

FRIDAY FINANCE

Income stars such as Neil Woodford and Bill Mott are set for boosts to their portfolios as AstraZeneca jumped over 3% this morning following the approval of a drug the pharma giant pinned $2bn of future sales.

HSBC has become the first bank to turn away US clients who bank offshore in a move to appease the US Inland Revenue Service's FATCA laws, due to come into force in 2013.