Global

New York will regain its status as the leading financial centre in the world, a study suggests.

US authorities took possession of nine failed banks on Friday, the largest single day haul since the beginning of the financial crisis.

It is not uncommon for my email account to be bombarded by negative press releases warning of substantial outflows of assets or significant losses in some sector or other. But in the last few months, a flurry of reports highlighting record growth of the...

Kully Samra, UK branch director at Charles Schwab, looks at prospects for the US markets over the coming months

More than 100 US bank have now failed this year after US federal regulators closed down a trio of small Florida banks, according to the BBC.

Risk assets and emerging markets are more attractive to investors now compared with six months ago, according to a survey by Schroders.

A third of UK investors have no exposure to emerging markets despite the majority expecting the region to be the top performer over both the medium and long-term.

LV= has repriced its Balanced Consensus fund and increased its pensions range by six.

Aberdeen Asset Management is soft closing its £952m Emerging Markets fund to both retail and institutional investors.

The Asian fund market is set to grow by nearly half from US$1.2trn to US$1.9trn in 2014 - a 46% increase, according to Lipper figures.