Equities

Barclays' record FSA penalty for LIBOR manipulation will be superseded by other banks' fines as the investigation deepens, according to Schroders' Richard Buxton.

Four banking giants including HSBC and scandal-hit Barclays are to provide redress to business clients mis-sold specialist insurance on loans, the Financial Services Authority (FSA) has said.

The Investment Management Association (IMA) has called on fund groups to enhance transparency on charges across all investor-facing documents, as well as giving a more prominent position to the ‘ongoing charge' and provide details of transaction costs....

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The Bank of England (BoE) is to launch new stimulus packages in a bid to get the economy moving again.

Fidelity's legendary fund manager Anthony Bolton has admitted his China Special Situations trust is 'not where I had hoped to be' after the NAV fell 18.5% for the year ended 31 March 2012.

The Chancellor, George Osborne, is taking legal action against the EU over plans to give a pan-European superviser far-reaching powers to ban or limit the short-selling of financial products, the Financial Times reports.

Net retail sales of UK domiciled funds reached £2.1bn in April, the highest level since April last year and well above levels seen over the last nine months.