Barclays and RBS slide as Libor probe intensifies
The FTSE 100 closed slightly higher but it was a bad day for bank shares and the pound.
View ArticleThe Expert View: Tullet, Rentokil, Sage Group and Burberry
Our daily round-up of analyst recommendations and commentary, also featuring Capita.
View ArticleWalker Crips eyes more talent after record £7.7m profit
Profits were flattered by the disposal of its asset management business in April and leaves the group in a strong position for fresh hires after attracting a dozen wealth advisers since the turn of the...
View ArticleNew WH Ireland wealth boss lands with twin challenge and £460k stake
New WH Ireland wealth head Richard Killingbeck has disclosed a 3.06% stake in the firm on his arrival and has been set a challenging twin target by the firm's chief Paul Compton.
View ArticleRowan Dartington hires Lloyds veteran for discretionary push
Rowan Dartington has persuaded Kevin Bowhay to bring the curtain down on a 25-year career at Lloyds to take up a post with the Bristol-based firm.
View ArticleFSA censures Union and bans Reverend for £1.2m loan channelling
The watchdog has publicly censured The Pentecostal Credit Union for issuing £1.2 million of loans under its members’ names but channelling the money to a church organisation, with Reverend Carmel Jones...
View ArticleProperty debt investment fund targets 6% yield
Intermediate Capital is targeting a yield of 6% from an investment company specialising in UK commercial property debt launched through its subsidiary ICG-Longbow.
View ArticleBrewin Dolphin names Algeo as managing director
Henry Algeo becomes group managing director at the private client stockbroker after a successful spell as cheif operating officer.
View ArticleAviva's Fitzgerald: are ETFs really that cheap?
Peter Fitzgerald, multi-manager at Aviva Investors, discusses his top futures trade this summer and why he thinks exchange traded funds (ETFs) are expensive.
View ArticleWarnings hit Cobham and Cape as FTSE edges lower
(Update) The FTSE 100 closed slighly lower as concerns about Europe, US and Japan offset good news from China.
View ArticleBolton keeps faith in Chinese smaller caps despite further losses
Exposure to Chinese smaller companies will win out in the longer term despite their poor relative performance, said Anthony Bolton, manager of the underperforming Fidelity China Special Situations.
View ArticleInvestment Trust Insider: say HHI to some defensive high income
This has been a great year for many above average-yielding companies and the funds that invest in them
View ArticleArgentine debt vultures win big, but have they broken sovereign investment?
A New York court decision raises the prospect of an Argentinian default - but also worrying questions about the possibility of future sovereign restructures and the rights of governments
View ArticleThe Expert View: Victoria, Diageo and Invensys
Our daily round-up of analyst recommendations and commentary, also featuring Catlin and Aveva.
View ArticleQuilter locks in senior Cheviot staff as its seals £100m deal
Wealth Manager understands Cheviot partners and investment managers have signed employment contracts after Quilter sealed a £100m deal for the firm, which will see the two investment processes...
View ArticleUni fees force inflation to 2.7%
(Update) The cost of goods and services in the UK has risen sharply since September, rising from 2.2% to 2.7% as the cost of university tuition and food weighed.
View ArticleAshcourt Rowan: we will be the first of many fined over legacy
The firm's boss Jonathan Polin believes there is a stream of section 166 orders in the pipeline all relating to legacy and 'old fashioned' business models, following on from Ashcourt Rowan's £412,000...
View ArticleBolton keeps faith in Chinese smaller companies despite setbacks
Anthony Bolton, manager of the underperforming Fidelity China Special Situations investment trust, insists Chinese smaller companies will win out in the end.
View ArticleAshcourt Rowan hit with £412k legacy fine
(Update) Some 23% of Ashcourt Rowan portfolios reviewed by the regulator showed a 'high risk of unsuitability', the Financial Services Authority said.
View ArticleFormer Barclays investment manager launches wealth boutique
Former Barclays investment manager Simon Alexander Legge has launched Shard Capital Partners, offering discretionary asset management for high net worth individuals and institutional investors.
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