News

Lord Myners, City minister in the last government and a key figure in the financial bail-outs at the height of the global crisis, has called for a break-up of Britain's biggest banks, the Financial Times reports.

The chances of the euro breaking apart or disintegrating completely have been put at "one-in-five" by one of the UK's leading economics consultancies.

J.P. Morgan is considering the launch of a global mining fund for resources manager Ian Henderson in the first quarter of next year.

Skandia Investment Group (SIG) is looking to launch a Sterling Bond fund into the UK retail market in January.

The CEO of Credit Suisse hopes to begin issuing billions of dollars in contingent-capital bonds in the next year to strengthen the bank's balance sheet ahead of ahead of Basel III, the Financial Times reports.

The EU plans to make private lenders cover the losses of any future eurozone debt crisis, which will have a knock-on effect on government bond yields.

GAM is removing the cap on its GAM Star Discretionary FX fund, allowing greater monthly subscriptions into the portfolio.

Franklin Templeton has launched a total return bond fund into its Luxembourg-domiciled Sicav.

Neptune CEO Robin Geffen has dismissed fears China is overheating, but warns there is a bubble forming in bond markets.

Lifemark investors never had a chance of getting their money back on time, a leading actuary involved in the fund's restructuring says.