Warren Buffett has revealed in an interview with CNBC that his Berkshire Hathaway group was asked to help save AIG and Lehman Brothers as the financial giants stood on the brink of collapse last autumn.
Bank of Scotland received the highest amount of complaints relating to mortgages and home finance in the first six months of the year, Financial Ombudsman Service (FOS) figures show.
Small businesses are set to grow despite the recession with half planning to expand in the next year, according to research from Barclays.
ProShares Trust has released an ETF offering short exposure to long-term US treasury bonds, listed on NYSE Arca.
A total of 80% of mortgage applications were approved in July, representing a 10% increase on the start of the year.
The financial ombudsman (FOS) says the elderly now account for more than a fifth of all investment complaints, with more and more concerning bank or building society branch staff.
Barclays is considering enhancing its pension fund following a furious reaction from staff about the decision to close the final-salary scheme to plug a £3.5bn gap.
The FTSE 100 rolled back some of yesterday's gains this morning, with Standard Chartered among the early casualties after announcing surprise plans to issue £1bn in new shares.
The FTSE 100 reached its highest level since October 2008 this afternoon, leaping more than 80 points to within touching distance of 4,700.
Miners are leading the FTSE 100 higher this morning, as Barclays announced a near £3bn pre-tax profit for the first half of 2009.