S&P

There is real, albeit currently low, risk of systemic meltdown which could spread across financial markets because of leveraged position, research into hedge funds by credit ratings agency Standard & Poors' suggests.

Standard & Poor's research suggests fears are overblown over the cost of implementing new International Financial Reporting Standard 4 on insurers.

THE MANAGEMENT crisis at Morgan Stanley has forced Standard & Poor's, the ratings agency, to lower its outlook on the investment bank's future performance adding to the pressure on Phil Purcell, the chief executive reports The Times .

Credit ratings agency Standard & Poor's is hosting a week of courses starting on 1 November focused on understanding credit risk of life and non-life insurers.

American Express is building on its wrap model by announcing a deal to offer access to all 4,000 UK funds from 266 providers coupled with data from Standard & Poor's.

After three years and 27 downgrades in a row for UK insurers, Standard & Poor's has revised its ratings outlook for the sector as a whole up to ‘stable' from ‘negative'.

Scotland-based IFA Alan Steel Asset Management has criticised the standard of fund ratings offered by Standard & Poor's.

The FTSE 100 closed up 72.7 points to 4,515.6 at the end of London trading on Thursday, its biggest gain in five months, thanks to improved profits at Royal Bank of Scotland.

The Bank of England today announced another hike in interest rates on concerns UK's strengthened economy could trigger inflation.

The benchmark FTSE 100 index was down around 12.6 points to 4,378 within the first hour of trading this morning after UK stocks fell for the fourth day in five paced by Scottish Power and Amvescap.