News

David Barron, head of investment trusts at J.P. Morgan Asset Management, is to leave the firm.

The chief executive of the Association of Mortgage Intermediaries (AMI) has hit out at the Financial Services Authority (FSA) over its failure to launch an individual registration scheme for mortgage advisers.

A Schroders trader is among five people arrested as part of a Financial Services Authority (FSA) investigation into insider dealing.

Bankers' bonuses should be delayed for up to ten years to kill off a culture of short-termism at large institutions, a senior official has suggested.

A group of former advisers and IT professionals have launched a website allowing IFAs to take referral fees from conveyancing and property valuations.

BlackRock has launched an Emerging Markets Absolute Return fund for managers Sam Vecht and Henry Wigan.

A network allowing de-authorised advisers to continue to claim trail commission is to launch in March this year.

More than 100 current and former employees of Barclays have lost their fight for their identities to be concealed in an upcoming court case centred on the alleged rigging of the LIBOR interest rate.

The former head of Lloyds Banking Group's retail division has apologised "wholeheartedly" for the mis-selling of payment protection insurance (PPI), for which the bank has so far paid £5.3bn reimbursing customers.

A London law firm is pursuing 67 financial advisers who recommended clients invest hundreds of thousands of pounds in off-plan Cypriot properties which have either failed to be built or have plummeted in value.