News

The Bank for International Settlements (BIS) has warned spiking bond yields across the world threaten trillions of dollars in losses for investors and a fresh crisis for banks unless they are braced for the shock.

Pioneer appoints in Dublin, Lyxor and State Street Global create new roles and Mirabaud expands global high yield bond team.

Efforts to stamp out tax evasion appear to be working after figures showed the number of ‘serious' cases hit a five year low.

Hundreds of Co-operative Bank bondholders, who face losing at least 30% of their investments through the lender's debt-to-equity capital-raising proposals, have joined a campaign challenging the bank's plans.

Insurance pioneer Clive Cowdery has tabled a bid for a US insurer in the tycoon's first attempt to enter the American market.

The majority of advisers plan to move all their clients to an adviser charging model within the next 12 months, according to research by Skandia.

The government's Pensions Bill, which was first introduced in May and is set to reform the UK's state and private pensions, is now taking views from the public before it reaches its final stages in the Commons.

One London-based advisory firm is developing an app that aims to alter financial behaviour with techniques used by Facebook game Farmville and weight loss group Weightwatchers.

Polar Capital has hired Deane Donnigan and David Pinniger to work within it healthcare team in an effort to increase the range of the group's healthcare investment products.

Over the past month losses have racked up across bond sectors after comments from the Federal Reserve signalling the end of quantitative easing spooked global markets.