Lloyds Group will make an announcement to staff on the future of Insight Investment, by the end of June.
Senior executives at Aberdeen Asset Management have led a management buyout to create Maven Capital Partners, an independent private equity business.
The Treasury has told its investment banking advisers to examine the feasibility of selling Northern Rock, the nationalised lender, back to the City in the autumn, The Times has learnt.
Miners were leading the FTSE 100 this morning as higher commodity prices continued to boost performance.
Schroders has launched its first managed currency fund, designed to protect and increase global purchasing power over the long term.
Industry experts have lambasted remuneration councils and stated the need for changes to executive bonuses in financial services.
We are told IFAs want to sell more annuities. All well and good. But are they up to speed with this most complex of products?
NDFA says it has expressed an interest in buying Keydata, which went into administration yesterday.
The FSA halted negotiations between Keydata and HMRC over an unsettled tax bill and forced the company into administration, IFAonline understands.
Wall Street trading got off to a rocky start today, with the Dow Jones fluctuating through the morning and up just 2.04 points (0.02%) to 8,766.53 shortly before 11pm.