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Close Brothers and Marrache Group have announced they are to launch a joint venture banking and wealth management group in Gibraltar.

Wall Street pulled $10.4bn (£5.19bn) of cash and other highly liquid assets out of Bear Stearns in a single day this month, leaving it with only $2bn and forcing the stricken securities firm to approach JPMorgan Chase in desperation, it emerged yesterday,...

The Financial Services Authority will tomorrow admit to a catalogue of errors in its handling of the Northern Rock crisis, The Telegraph reports.

One of London's leading brokers has demanded that clients put up significantly more cash to cover derivative positions - a move which traders fear could result in millions of shares being dumped on the market today, The Telegraph reports.

London is the world's most expensive city to live in, according to the latest Prices and Earnings report from UBS Wealth Management.

HM Revenue and Customs is this week targeting some 5,000 offshore bank account holders who did not supply a declaration under last year's Offshore Disclosure Facility, which ran out in November 2007.

Advisers are often advised to hone down their client base and focus solely on high net worth clients, but, in doing so, are they missing the chance to tap into a potentially lucrative market?

DOING exactly what it says on the tin is an often used phrase within financial services but none more so than in the world of structured products...

The former chief executive, finance director, and head of investment banking at UBS are to be paid a total of around £44.8m despite the $18bn (£8.9bn) of sub-prime writedowns incurred on their watch at the Swiss giant, The Telegraph reports.

A century after John Pierpont Morgan rescued the New York stockmarket from a 50% sell off in share prices, his blue-blooded Wall Street bank was yesterday once again at the heart of attempts to contain the deepening global financial crisis, The Guardian...