A group of investors is preparing to pursue self-invested personal pension (SIPP) provider Stadia Trustees for hundreds of thousands of pounds via the Financial Ombudsman Service (FOS) for what it claims was its failure to carry out proper due diligence...
Growth in the US will be 3% next year, predicts UBS chief investment officer Bill O'Neill, the best rate of expansion for the country since the 2008 financial crisis.
JP Morgan has agreed to pay $5.1bn (£3.2bn) to resolve claims it misled mortgage lenders before the housing crash.
The US Congress has passed a bill to reopen the government and raise the federal debt limit, with just hours to spare before the nation risked default.
Fitch has become the first ratings agency to threaten a US credit ratings downgrade over the latest debt ceiling impasse.
The head of the International Monetary Fund, Christine Lagarde, has warned that a US default could tip the world into recession.
American tracker funds were the preferred choice among Nucleus members in the third quarter, with the HSBC American Index emerging as the fastest growing fund on the platform.
US President Barack Obama will nominate Federal Reserve vice-chair Janet Yellen to be the next head of the US central bank on Wednesday, according to a White House official.