News

M&G's Richard Woolnough says corporate bonds remain cheap despite the recent rally, with investment grade bond spreads now at ‘typical' recession levels.

Clive Briault, former managing director of the FSA, has joined consultancy firm Financial Services Compliance(EU).

Almost one in 10 applications for top jobs in large financial services firms, including banks, have been shelved since the FSA began to vet candidates for senior management positions.

US stocks pushed ahead in early trading on Tuesday after a report showed a revival in manufacturing activity in August following a year and a half of contraction.

Mortgage repayments outstripped new lending for the first time since records began in July, figures from the Bank of England (BoE) show.

Lenders may make billions of pounds in profit from consumers returning to tracker mortgages, advice firm John Charcol says.

Standard & Poor's (S&P) has signed an Index Creation Agreement (ICA) with the Saudi Stock Exchange (Tadawul) to launch new indices for the Saudi equity market.

Franklin Templeton has merged the Franklin US Growth fund into its $363.9m US Equity Sicav.

The European Court of Human Rights is set to rule on a UK law which freezes the state pension of anyone who leaves Britain to live in certain countries, according to ECHR files.

ASDA has announced plans to triple the number of customers covered by its over 50s life insurance plan.