Unemployment in the eurozone reached yet another record high in March as spending cuts continued to hit the working population.

The Dow Jones Industrial Average closed at a four-year high overnight Tuesday as investors flocked to US stocks amid the resurgence in the country's economy.

Henderson Group today reported growth of more than £2bn in assets under management for the first quarter of 2012 as market gains offset outflows.

UBS shareholders including F&C are set to rebel against the Swiss bank's proposed pay packages for its top executives, echoing the moves taken by Barclays shareholders last week.

The Dow Jones Industrial Average closed at a four-year high last night as investors flock to US stocks amid the resurgence in the country's economy.

Sir Nigel Rudd, the former Citigroup banker, is in the running to become the next chairman of Prudential.

Hargreaves Lansdown co-founder Peter Hargreaves has seen his personal wealth fall by nearly £200m in the last 12 months, according to the latest Sunday Times Rich List.

Investec is launching an inflation-linked fund, targeting a return of CPI inflation plus 5%, as part of an expansion of its Managed Solutions fund range.

Monetary Policy Committee(MPC) member Adam Posen has revealed his reasons for abandoning his call for further stimulus to boost the UK economy, following the publication of this month's minutes.

Barclays has bowed to pressure from shareholders ahead of its AGM by putting a new clause into boss Bob Diamond's bonus package which could cut his payout in half.