News

Skandia UK chief development officer Peter Mann will be named CEO of the business after Old Mutual announced Nick Poyntz-Wright is stepping down.

The FSA is taking a hardline approach after finding weaknesses in five banks' handling of customer complaints.

F&C Asset Management plans to acquire Thames River Capital in a deal worth around £53.6m to help develop a multi-specialist asset business.

The FTSE 100 lost more than 150 points and closed barely over 5,600 after Greece's debt was downgraded to junk status by ratings agency Standard & Poor's (S&P).

Aetna Global Benefits (AGB) has launched an online wellness centre for its European expatriate members.

Merchant Capital has bought Keydata's structured product book and third-party administration services.

Household finances deteriorated at the fastest pace for four months in April, data from Markit/YouGov suggests.

Standard Life has appointed Jackie Hunt chief financial officer and executive director.

Investors have been trying for years to prise secrets out of the notoriously private Warren Buffett but it seems you are more likely to succeed if you are Saudi royalty.

Greece may have to temporarily leave the euro currency bloc in order to shore up its finances, a member of Germany's junior coalition party said today.