The biggest fund manager story of 2013 was the resignation of Neil Woodford from Invesco Perpetual. As you will be aware, Mr Woodford will continue to manage the Invesco Perpetual Income and High Income Funds until he leaves at the end of April, following which he will set up his own company.
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Tuesday 01 October 2013
UK banks will face annual stress tests for the first time to see if they could survive a major collapse in financial markets or the economy, the Bank of England said today.
Monday 16 September 2013
The US dollar slid while bonds and shares rallied on Monday after the withdrawal of Lawrence Summers from the race to head the Federal Reserve suggested a more gradual approach to tightening monetary policy.
Tuesday 23 July 2013
Watchdogs want to shake up the big four accountants who police big business
Sunday 16 June 2013
Wednesday 12 June 2013
Electricity prices are set to fall after the energy regulator pledged to “break the stranglehold” of the Big Six energy suppliers.
Monday 13 May 2013
Friday 10 May 2013
Should I be worried about my Co-op Bank account?
Wednesday 09 January 2013
Lloyds Banking Group was the best-performing FTSE 100 stock last year and it looks like 2013 is shaping up to be pretty decent too. Lloyds jumped to the top of the tree today after analysts at UBS rated it a buy and awarded it a share price target of 60p, up from 50p.
Monday 07 January 2013
The heads of the world's top regulators and central banks have approved plans to require banks to hold significantly higher levels of liquid assets in order to reduce the chances of a repeat of the 2008-09 financial crisis. But in an apparent response to financial sector lobbying, they also relaxed the definition of what will be considered a liquid asset, and said banks will have four years longer than expected to implement the new standards.
Monday 07 January 2013
Tuesday 13 November 2012
Between July and September, the number of transactions in central London fell 3.6 per cent despite Chesterton Humberts’ report that stock levels were up 13.5 per cent.
Sunday 19 August 2012
Having nudged accessibility with 2010's Odd Blood, Brooklyn experimentalists Yeasayer have taken a step back in the direction of the weird with their third album.
Monday 06 August 2012
There are a number of business schools now introducing Islamic Finance in their curriculums. For some, the reasoning is to open MBA students up to different cultural realities, but for many schools, it just makes business sense.
Tuesday 10 July 2012
The financial news giant Thomson Reuters has splashed out $625m (£403m) in cash on US-listed foreign-exchange platform FX Alliance.
Sunday 24 June 2012
Chancellor George Osborne faces a fresh borrowing headache this week as the impact of Britain's double-dip recession wreaks havoc on the public finances.
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