News

Asian stocks have slumped on Monday, extending one of the worst sell-offs in recent years, after Standard and Poor's cut the US's triple-A credit rating.

Warren Buffett's Berkshire Hathaway made a profit of $806m on lending Goldman Sachs $5bn to help the bank through the last financial crisis.

Fidelity FundsNetwork has laid down the gauntlet to rivals by pledging to disclose payments it receives from fund groups by the end of the month.

The European Central Bank said last night it would "actively implement" its controversial bond-buying programme to fight the euro zone's debt crisis, signalling it will buy Spanish and Italian government bonds.

S&P's decision to cut the US's prized AAA credit rating puts the superpower in a worse position than the Isle of Man and Hong Kong.

Credit rating agency Standard & Poor's has downgraded the US' prized AAA-rating for the first time ever.

As the markets experienced large falls this week, European ETP trading soared but there have been no large re-positionings.

Groupama has seen its healthcare business revenues grow over the first six months of the year and further discussed its decision, announced this week, to sell the business.

Adviser network Pink has doubled its protection sales in six months following broker training.

It hasn't all been about the platforms paper, you know...