News
Keep an eye on the news! These news feeds are produced by a third party, and neither we nor our representatives are responsible for the accuracy of the information contained therein.
- FSA ban for ex-UBS advisers upheld
Former head of Asia II desk fined £1.25m for ‘unauthorised trading’ and establishing an illegal investment vehicle for Anil Ambani’s Reliance Group
Posted on 21 May 2012 | 12:58 pm
- Falcon flies in to nurture Gulf nest eggs
Swiss finance house is part of a trend for private banks to cater for the needs of the oil-producing nations’ wealthy elites
Posted on 21 May 2012 | 12:39 pm
- Barclays to sell £3.8bn BlackRock stake
UK bank plans to sell its entire stake in the US fund manager in a move to dispose of a non-core investment as capital requirements become stricter
Posted on 21 May 2012 | 12:00 pm
- Man acquires rival hedge fund manager FRM
The London-listed hedge fund manager acquires rival FRM for up to $142m, boosting assets under management to $19bn
Posted on 21 May 2012 | 11:39 am
- British Land sees fall in retail values
Property group says weakness offset by gains on office developments as retail market polarises between primary and secondary sites
Posted on 21 May 2012 | 10:51 am
- Brevan Howard: the China picture is darkening
Recent data from China has been poor and hedge fund Brevan Howard fears the Tiger may be losing its battle of balancing continued growth with controlled inflation.
Posted on 21 May 2012 | 1:07 pm
- FSA fines ex-UBS advisers £1.3m for rogue trading
The Financial Services Authority is fining former UBS advisers Sachin Karpe £1.25 million and Laila Karan £75,000 for not being fit and proper in relation to unauthorised trading scheme.
Posted on 21 May 2012 | 12:06 pm
- Swip European equity fund manager Steven Maxwell dies
The former head of European equities at Scottish Widows Investment Partnership has passed away after a long battle with cancer.
Posted on 21 May 2012 | 11:46 am
- Barclays to sell $6.1bn BlackRock stake
Barclays is to sell its 19.6% stake in BlackRock, which it acquired at the end of 2009 following its sale of Barclays Global Investors to the US asset management firm.
Posted on 21 May 2012 | 11:28 am
- SimplyBiz launches discretionary service via Verbatim
Verbatim Asset Management, the financial planning arm of SimplyBiz, has launched a discretionary service which brings together four top wealth firms.
Posted on 21 May 2012 | 10:38 am
- Barclays to sell Blackrock stake
Barclays says it will sell its stake in US asset management firm Blackrock, which has a value of $6.1bn (£3.8bn).
Posted on 21 May 2012 | 12:48 pm
- Don't scare workers, urges Cable
The business secretary condemns proposals to make it easier for firms to sack under-performing staff as "the wrong approach" to boosting the economy.
Posted on 21 May 2012 | 12:36 pm
- Germany restates eurobond unease
Germany restates its opposition to so-called eurobonds as the new French finance minister prepares to meet his German counterpart for the first time.
Posted on 21 May 2012 | 12:16 pm
- Higher fares help Ryanair profits
Ryanair reports record annual profits as fare rises help to offset a sharp rise in fuel costs, but it warns profits could fall this year.
Posted on 21 May 2012 | 11:26 am
- Waterstones to sell Amazon Kindle
UK bookseller Waterstones plans to sell Amazon's Kindle e-book reader and other Kindle digital services.
Posted on 21 May 2012 | 11:23 am
- Ryanair Warning Despite Record High Profits
Europe's biggest budget airline has reported a 25% rise in profits but warned that the outlook for the coming year is not as rosy.
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- 'Greece Should Default But Remain In Euro'
Greece should default on its debt and negotiate a relaxation of the austerity measures demanded by the eurozone, a former policymaker of Argentina has advised.
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- PM Warns Greece June Vote Is About Eurozone
The Prime Minister has warned Greece that its new round of elections must be a vote about staying in the eurozone.
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- Single 30% Tax Rate 'Essential' For Growth
A single 30% rate of income tax and further public spending cuts are needed to boost growth, according to a report backed by a campaign group and business leaders.
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- Cable Attacks Plans To Make Sackings Easier
Plans to strip down labour rights and make it easier for firms to sack under-performing staff have been labelled "complete nonsense" by Business Secretary Vince Cable.
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Keep an eye on the news! These news feeds are produced by a third party, and neither we nor our representatives are responsible for the accuracy of the information contained therein.
