The Financial Conduct Authority has fined Lloyds banking Group £28 million for ‘serious failings in their controls over sales incentive schemes’.
The US has agreed a budget deal early for the first time in two years that will enable the country to avoid a potential January shutdown and sequestration.
Scottish Widows Investment Partnership (Swip) has moved the pricing of its £2.5 billion Property Trust from a mid to an offer price basis following significant flows into the fund.
Nick Marson, the director of Hargreaves Lansdown's Vantage platform, has netted over £125,000 after selling down part of his stake in the firm.
Baring Asset Management has hired Citywire A-rated Duncan Goodwin to run its Global Resources fund, Wealth Manager can exclusively reveal.
Haiyan Li-Labbé, Chinese analyst for Carmignac Gestion in Paris, forecasts the outlook for China and other major emerging markets in the year ahead.
For those that have outsourced custody or administration, and have concerns following SEI’s fine for failing to manage internal account transfers, what measures can they take to ensure their outsourcing partner is fulfilling their role?
The fund, to be managed by Mark Barker, will have a value tilt, which the group believes will differentiate from existing offerings in the market place.
The team have reduced their equity overweight to take refuge in cash
Brooks Macdonald has launched an international managed portfolio service to be run out of its Channel Islands office.
Investors fret that the US Federal Reserve will soon start to cut back its stimulus programme after a breakthrough in budget talks.
Paul Wilson has joined the board of Brewin Dolphin as a non-executive director.
The Royal Bank of Scotland finance director Nathan Bostock is to leave the lender 10 weeks after he joined the board to take a role at Santander, according to reports.
And General Motors became the first of the big three US carmakers to appoint a female chief executive. (Updated with Questor share tips)
All the news from across the web about the companies featured in Citywire's Top Stocks.
Healthcare stocks were among the most active after company news while utilities were the worst performer.
Here are the UK stocks Barclays Capital analysts are tipping for the year ahead.
(Update) The Neil Woodford company sell-off continues as Wealth Manager learns Invesco Perpetual sold a sizeable stake in Capita on 5 December.
Walker Crips is opening an office in Swansea, which marks the company's first physical presence in Wales.
After a decent performance run, SVM's Citywire A-rated Neil Veitch looks ahead to next year and highlights three of his best ideas in this exclusive article for Wealth Manager.
News sponsored by: