News

More than half of insurers are preparing to change the way they calculate regulatory capital as Solvency II approaches, Deloitte has said.

The Bank of England's Monetary Policy Committee (MPC) voted five to four to maintain quantitative easing (QE) at £325bn this month, overruling the governor and three colleagues who called for further expansion.

PruProtect will be offering 30% free life cover free for new Serious Illness Cover plan policyholders and has re-priced its income protection product.

Governments across Europe are set to buy Spanish and Italian bonds through two European rescue funds, a move the ECB hopes will send a signal to financial markets that Germany is behind the eurozone.

International currency specialist HiFX is warning that the initial reaction of relief to the results of the Greek elections will be short-lived.

Geneva-based investment company Alix Capital has upgraded its global financial data management platform, FDM, to offer a more robust and speedier UCITS hedge funds data management and index calculation function to the market.

The drop in inflation announced yesterday has paved the way for the Bank of England to go through with another round of quantitative easing (QE) as early as next month, reports suggest.

Liontrust Asset Management has posted a loss after tax over the year to March following a series of acquisitions for the firm over the last 12 months.

The sale of 318 Royal Bank of Scotland (RBS) branches to Grupo Santander of Spain has been hit by more delays, The Times reports.

Business secretary Vince Cable is set to announce plans today which will force companies to have binding votes on executive pay every three years.