Vince Cable has backed the extension of preferential lending to small and medium-sized enterprises (SMEs), threatening banks with penalties if they fail to provide loans to good businesses.
Developing regional stock exchanges may "fragment" liquidity and narrow the pool of investors available to small and medium-sized businesses (SMEs), a Treasury Green Paper published today says.
Bond managers have largely dismissed Friday's highly-anticipated European bank stress tests as a 'non-event', with the markets also showing a muted response.
Bestinvest has recruited former UBS head of operations Donald Reid as chief operating officer.
AIFA says the FSA has yet to explain a dramatic 37,000 drop in the estimated number of UK advisers.
The Consumer Protection and Markets Authority (CPMA) will follow the same strategy as the Labour-built FSA it is set to replace, the Treasury says today.
US asset manager Van Eck Global has launched an ETF providing exposure to bonds issued in local currencies by emerging market governments.
The Consumer Protection and Markets Authority (CPMA), one of the bodies set to replace the FSA from 2013, will be subject to audit by the National Audit Office (NAO) under rules proposed by the Treasury today.
New York-based ETF issuer Global X Funds has unveiled an ETF providing access to lithium, a resource which the firm says is integral for renewable energy.
The Lighthouse Group has appointed Roger Sanders OBE as managing director of its employee benefits division.