News

The FTSE 100 has this morning begun to reclaim some of yesterday's losses, with a buoyant Schroders ahead early on the back of an upgrade from Morgan Stanley analysts.

St.James's Place will replace the management on its £414m UK and General and £388m Greater European funds.

Bank of Scotland International has launched the third issue of its five year structured product.

Daiwa Securities SMBC has appointed Simon Roche as head of Synthetic Trading, to build a delta one trading book covering pan-European benchmarks.

House prices have experienced their first monthly rise since January 2008, according to the latest figures from the Land Registry.

Australian investment banking giant Macquarie has taken a near 20% stake in fee-based IFA Paradigm Norton Financial Planning as it continues its bid to extend its UK reach.

Co-operation between higher-tax states to combat tax havens could damage the economy and amount to a cartel between countries, warns a new paper.

In the US, blue-chip stocks trailed as investor sentiment turned cautious after a two-week rally.

The recession is over in Europe and the recovery will be V-shaped, according to Argonaut Capital's Barry Norris.

Northern Rock shareholders have lost their latest appeal against the Government's decision not to compensate them.