News

Labour MP and ex-financial secretary to the Treasury Stephen Timms is recovering in hospital after he was stabbed, police said.

Fortis has increased commission rates by 10% on its Real Life Cover protection product.

The FTSE suffered a sharp drop in afternoon trading to close more than 3% in the red as concerns over EU debt and another Greece bomb attack rattled markets.

AIFA is inviting members to a series of events to examine and debate the future of the FSA and financial regulation following the establishment of a coalition Government.

Ascentric has appointed 1st - The Exchange technology chief Jon Finn as IT director.

The man who first proposed the break- up of the FSA and a return of powers to the Bank of England is set to become the coalition Government's key business spokesman in the House of Lords.

The Competition Commission (CC) has provisionally banned the selling of payment protection insurance (PPI) at the point-of-sale, following a legal challenge from Barclays.

State Street Global Advisors (SSgA) and Nuveen Investments have launched an ETF providing exposure to Build America Bonds, on NYSE Arca in the US.

Deutsche Bank has released seven daily two times leveraged ETFs on the London Stock Exchange (LSE), tracking short and long indices.

Gartmore saw outflows of £1.2bn following the suspension of star manager Guillaume Rambourg, its Q1 results reveal.