Aberdeen Asset Management has grown its profits by 15% in the last year despite "difficult and uncertain" market conditions.

Paul Tucker, the deputy governor of the Bank of England, could take the top job at the Bank as early as this week.

UBS could be hit with a record penalty by the Financial Services Authority (FSA) next week following the rogue trade which cost the bank $2.3bn.

AXA Elevate is to lower the discount it offers to users who buy the group's own Architas fund range in 2013.

The FTSE 100's dismal week continued today as the UK's leading index fell to a four-month low, and remains on course to make a loss for the week.

L&G has unveiled its plans for adviser charging post-RDR, which include facilitated adviser charging and the removal of commission.

The US may slip into recession if it were to fall off the fiscal cliff at the end of the year, the country's Congressional Budget Office (CBO) has warned.

The FTSE 100 is approaching a 16-month high today as investors around the globe welcomed Barack Obama's US election victory.

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HSBC is to convert its whole-of-market advisory proposition into a restricted advice model next year, Investment Week, IFAonline's sister title, understands.