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.
A single platform will not meet the needs of the majority of clients at any firm that wants to call itself independent, a compliance specialist has warned.
Aviva has reported UK operating profits up 3% for the first half of the year, and highlighted auto-enrolment as an area of opportunity.
Advisory support group Tenet is to review the panel of platforms it recommends to IFAs following a warning from the Financial Service Authority about the use of platforms which permit rebates from providers to clients.