News

US authorities are understood to be investigating whether Morgan Stanley misled investors over mortgage derivatives.

Fortis has announced it intends to complete a whole of IFA market roll out for its protection business by the end of this half year.

BlackRock's ETF arm iShares has listed three single country MSCI funds on NYSE Arca in the US.

Mercenary sales practices used by bank staff have been uncovered in an internal document leaked by a Barclays sales manager.

The UK's employment rate fell 0.3% between the fourth quarter of 2009 and the first quarter of 2010, according to labour market figures released today by the Office for National Statistics.

Many advisers will be disappointed this morning the FSA is likely to survive as new Chancellor George Osborne has been forced to water down plans to hand over banking supervision to the Bank of England.

A financial adviser has been jailed for eight years after being found guilty of conning pensioners out of £1.3m.

The FTSE edged higher while sterling fell from a 10-month high on the first day of the UK's new Coalition Government.

Prudential chief executive Tidjane Thiam is pressing ahead with the faltering AIA deal, vowing to persuade shareholders to back the $35.5bn (£23.7bn) takeover of AIG's Asian business.

Thirteen years of New Labour came to a dramatic end yesterday as David Cameron was declared Prime Minister and head of Britain's first coalition government for 70 years. Here's what the papers say about the new man at number 10.