Equities

Moody's will strip the United States of its AAA rating if a deficit reduction deal is not struck in Congress, it has warned.

Ecclesiastical is launching Retail Distribution Review (RDR)-ready institutional share classes across its range of six funds.

Shares across the globe fell overnight as renewed fears about Germany's likelihood of approving rescue plans plagued investors once again.

THE LAGGERS

GLG has unveiled Retail Distribution Review (RDR)-ready unbundled share classes across its UK-domiciled range.

Fund managers including Richard Pease, Harry Nimmo, Richard Buxton and rising star Philip Rodrigs were awarded the top Honours at the fifth Morningstar OBSR Awards last night.

Banks need to become ‘simple and boring' if they want to restore public trust in the sector, according to the chief executive of Lloyds Banking Group.

GLOBAL EQUITIES

SECTOR REPORT

RISK RATE RUSH