The Financial Services Authority (FSA) has released a host of communications showing traders' attempts to influence LIBOR submissions, after earlier fining Barclays £59.5m for LIBOR and EURIBOR manipulation.

Moody's has downgraded the credit ratings of five of the Netherlands' largest banks as the country's economy struggles with a domestic recession and the effects of the eurozone crisis.

Hedge fund manager Man Group is to drop out of the FTSE 100 following the index's latest quarterly review after a fresh period of poor share price performance took its toll on the company.

European equity markets have given up all yesterday's gains as investors remain on the back foot ahead of today's EU summit.

April UK retail sales have come in well below forecast as Bank of England minutes have revealed many MPC members are considering voting for further quantitative easing.

The Court of the Bank of England has commissioned three reviews into the Bank of England's (BoE's) provision of liquidity to the banking system during the financial crisis and its forecasting abilities.

Leading fund managers are divided over whether investors should participate in equity markets if central banks across Europe provide a further round of stimulus.

Sterling has fallen against the dollar today after a dovish quarterly inflation report from the Bank of England cut growth forecasts and left the door open to further QE.

Vanguard Asset Management has launched its first UK exchange-traded fund range with a five-strong offering of physical ETFs.

Richard Saunders, chief executive of the Investment Management Association, is to step down at the end of 2012.