An IFA has helped an ex-bank employee secure £80,000 in compensation from her former employer after its advisers switched her out of her final salary pension scheme and into one of its own products.

From a near-term point of view the downgrade of US sovereign debt is a distraction and the actual impact on US Treasuries will likely be small, according to the chief investment officer at Barclays Wealth.

Bank of America's share price fell by 20% as US financials were routed in Monday trading over growth fears and S&P's downgrade of the US credit rating.

According to Standard & Poor's, the USA is no longer worthy of a ‘AAA' sovereign debt rating. Novatisam Asset Management's Frank Dolan asks, so what?

Keydata founder Stewart Ford has had his bid to stop the sale of some of Lifemark's assets rejected in a preliminary order by a Luxembourg court, but has said he plans to appeal the ruling.

UK investment bank Evolution Group, the parent company of Williams de Broe, has agreed to buy one part of BNP Paribas' UK wealth management business in a deal that will add £1.8bn in assets under management to Evolution's business.

At least six more Swiss and one Liechtenstein private bank have come under the gaze of US prosecutors investigating whether Swiss bankers helped rich Americans dodge tax.

The European Central Bank said last night it would "actively implement" its controversial bond-buying programme to fight the euro zone's debt crisis, signalling it will buy Spanish and Italian government bonds.

The Financial Services Authority (FSA) has charged an investment banker with insider dealing and money laundering, along with two associates.

Two IFAs - one who uses a single platform and one who uses several - explain why they support their chosen method, and how this week's platform paper will do little to change it.