Goldman Sachs is to "sue for peace" in the fraud trial brought by the SEC over its Abacus vehicle.
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
The FSA has today confirmed it will launch an unprecedented investigation into the international arm of US bank Goldman Sachs.
The value of Warren Buffett's options to buy Goldman Sachs shares fell by over $1bn after the SEC sued the investment banking giant on Friday.
Van Eck has filed with the US Securities and Exchange Commission to launch two fixed income ETFs, providing exposure to emerging markets local currency debt and investment-grade floating rate bonds.
China Investment Corporation, the Chinese sovereign wealth fund, is using ETFs to gain exposure to a diverse range of asset classes, according to a filing with the US Securities and Exchange Commission.
The corporate bond and life settlements markets have been the two big winners in the last 12 months in terms of attracting fund flows from advisers and their clients.
Pensions reporting under International Financial Reporting Standards should be explained more simply with more disclosure of the uncertainties around accounting estimates.
THE FINANCIAL Services Authority is operated by poor quality staff who have a "civil service mentality" and little understanding of the businesses they oversee, according to a report published in the Daily Telegraph .