US

Henderson Global Investors has agreed a deal to buy US fund manager Geneva Capital Management in a deal worth up to $200m (£117m).

A New York court has fined a former UK-based Credit Suisse trader for his role in artificially inflating bond prices.

European markets are set to join the global rally which followed the release of a ‘dovish' statement from the Federal Reserve on monetary policy.

The International Monetary Fund has urged the US Federal Reserve to keep interest rates lower for longer after downgrading its forecast for the country's growth rate.

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UBS Wealth Management chief investment officer Alexander Friedman has said that the firm expects company performance in the US and the Eurozone to drive equities in those regions higher in the coming months.

Dovish Federal Reserve minutes sent US and Asian markets higher overnight, allaying fears the Fed could raise rates earlier than expected.