Economics / Markets

US authorities have hit French bank BNP Paribas with a giant $8.9bn (£5.2bn) fine for breaking trade sanctions.

The Retail Distribution Review (RDR) has resulted in a small number of gatekeepers at financial adviser firms, investment platforms, discretionary and wealth managers steering more money into fewer, bigger funds, research has suggested.

The reversal of fortunes for the IMA UK All Companies sector this year has again raised the question of whether investors' buying patterns are leaving them exposed to market corrections.

The outgoing Bank of England (BoE) deputy governor Sir Charlie Bean has said it is "reasonable" to expect interest rates to return to 5% within a decade.

Bank of England Governor Mark Carney has said the 'new normal' for interest rates in the UK will be around 2.5%, a level he predicted they may reach by 2017.

‘I would like to see First State have greater success in fixed income in the UK’

Monkeys vs fund managers revisited (or the trouble with market cap weighted indices)

Central bankers are to confirm later today whether they will act on growing concerns about the housing market.

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