Latin America has produced some sparkling returns in the last few years and with Brazil leading the way, prospects continue to look promising. Nick Sudbury reports
Goldman Sachs and Morgan Stanley are believed to be among eight US banks facing an investigation into the rating of their mortgage products.
Goldman Sachs is to "sue for peace" in the fraud trial brought by the SEC over its Abacus vehicle.
Only 40,000 lucky Berkshire Hathaway shareholders got the chance to see their hero Warren Buffett in the flesh as they made their annual pilgrimage to Omaha over the weekend for the investment firm's annual meeting.
Polarised views on the banking and financial sector have led flows to swing into and out of ETFs tracking this area. Alison Swersky looks at issues causing the split sentiment
Warren Buffett has vigorously defended Goldman Sachs against fraud allegations being levelled at the investment bank.
The FSA is meeting senior officials from Goldman Sachs today over the bank's involvement in structuring complex debt intruments during the financial crisis.
Congressional investigators yesterday accused Goldman Sachs of taking a "net short" position in the US mortgage market in 2007 that enabled it to benefit from the bursting of the housing bubble.
Britain's gross domestic product is expected to have expanded 0.4% in the first quarter of 2010, according to a survey of City economists.
The G20 group of rich and poor countries is likely to make rapid progress on a radical IMF plan to tax the world's financial institutions in the hope of reaching a deal by the end of the year, the chancellor, Alistair Darling, said today.