The Federal Reserve has unleashed a third round of quantitative easing (QE) to support the US economy following a wave of poor data and a weakening labour market.
The Skandia label will disappear in the UK and a number of senior roles have been reshuffled as part of a major overhaul of the Old Mutual Wealth Management business.
Moody's will strip the United States of its AAA rating if a deficit reduction deal is not struck in Congress, it has warned.
In the latest Big Debate, our panelists from Legg Mason Global Asset Management, S&P Capital IQ and TwentyFour Asset Management discussed Fixed Income.
ECB president Mario Draghi has outlined details of a plan to buy unlimited amounts of eurozone nations' short-dated debt in an effort to stem the eurozone crisis.