News

Merchant Capital is launching a new plan which provides exposure to Brazil and China.

Chancellor George Osborne's aides say complete abolition of the FSA is still on the table, adding the regulator will certainly lose its independent role.

The FSA has levied its largest ever fine of £33.32m on J.P. Morgan Securities for client money breaches over a seven-year period.

Rias has launched a new over 50s life assurance policy providing guaranteed cover with a cash lump sum payable on death.

Jupiter's six most senior fund managers are set to own a stake worth about £140m following the asset manager's IPO.

Property prices have risen 0.5% in May, producing annual growth of nearly 10%, according to the Nationwide House price index.

The FTSE 100 rose 1.48% or 76.18 points to 5,227.50 as sentiment was boosted by a strong showing from Wall Street and Asia overnight.

The FTSE closed slightly down this afternoon after a turbulent day which saw Prudential finally back down from its bid for AIA.

Warren Buffett was summoned yesterday to testify on the role of credit ratings agencies in front of the Financial Crisis Inquiry Commission. How did he do?

Nationalised bank RBS has axed 500 jobs at its wealth management unit as part of a restructuring plan.