News

J.P. Morgan Chase & Co. has reported quarterly profit rose 67%, but revenue at the US bank remains under pressure amid sluggish loan growth and mounting mortgage costs.

BP's talks with AAR about the British oil firm buying out its Russian partner in joint venture TNK-BP "have now more-or-less collapsed", according to reports.

General Electric shares fell sharply for a brief period in New York as investors reacted to what turned out to be a hoax press release.

ETF providers and investors have guardedly welcomed the Financial Stability Board's call for greater scrutiny of exchange-traded products.

Government plans to give care workers and patients more control over their care will be tested with the announcement of six trial areas.

Half of consumers could shun fees altogether and those prepared to pay will cap the price at £300, less than half the current average cost, according to research from the ABI.

UK Smaller Companies was the top-performing IMA sector in the 2010/11 tax year, demonstrating the resilience of private companies amid ongoing economic turbulence.

M&G's bond manager Jim Leaviss has clashed with Artemis' James Foster over whether the MPC should raise interest rates.

Laurent Kssis at LaBranche Structured Products Europe (LSPE) discusses European ETF trades for the week ending 8 April.

Pension experts warn investors could be stuck in poorly performing plans, as transfering out could lead to a loss of income following changes to drawdown rules.