New role on the cards for Diamond

RSS icon11:55pm 24 May 2013

Ex-Barclays chief has been approached by Incapture, a technology and hedge-fund firm, giving him a chance to work with former colleagues

Valeant nears $9bn Bausch & Lomb deal

RSS icon11:18pm 24 May 2013

A price of $9bn would see the eyecare maker’s owner Warburg Pincus settle for less than its initial hopes of a sale topping $10bn

IMF chief Lagarde made key witness

RSS icon09:28pm 24 May 2013

A French court does not place IMF head Christine Lagarde under investigation over a payout made when she was finance minister, making her a key witness instead.

Volatile Tokyo instils global equity angst

RSS icon09:22pm 24 May 2013

A week of sharp price swings across asset classes was dominated by the Nikkei‘s biggest one-day drop in two years and growing uncertainty about Fed policy

Next out of favour as FTSE slips back

RSS icon08:23pm 24 May 2013

The wider London market slid for a second day as the index broke a four-week winning streak, losing 1 per cent since Monday

Next out of favour as FTSE slips back

RSS icon08:23pm 24 May 2013

The wider London market slid for a second day as the index broke a four-week winning streak, losing 1 per cent since Monday

Hargreaves Lansdown eyes launch of ‘elite’ funds

RSS icon06:34pm 24 May 2013

FTSE 100 group intends to introduce top group of funds but some fund mangers are concerned the group will only flag up products that offer low charges

Silver steadies after steep tumble

RSS icon06:04pm 24 May 2013

Gold and silver prices have been under pressure this year as investors become more confident about the outlook for other asset classes such as equities

Trader’s Diary: Markets at a crossroads

RSS icon05:52pm 24 May 2013

A lot of good news is already in share prices – but potential bad news may not be. We’ll find out soon

Commodity currencies lose out to havens

RSS icon05:38pm 24 May 2013

Dollar falls against yen and Swiss franc at the end of a volatile week in forex markets, in a retreat that traders said was a sign of profit-taking

EdP raises €450m in securitisation deal

RSS icon05:27pm 24 May 2013

The power utility’s transaction on Friday was seen as further evidence of Portugal’s successful return to the international debt market

Bet against Treasuries at your own risk

RSS icon05:10pm 24 May 2013

Inflation, the prime enemy of fixed rate debt, is falling, and that makes Treasury yields look a lot better when lumped together in a beauty contest with other major government bond markets

London Market Report

RSS icon05:05pm 24 May 2013

London's leading shares lose further ground in Friday trading, extending Thursday's global sell-off.

P&G stands out in weaker US market

RSS icon04:58pm 24 May 2013

Trading was choppy in the second half of the week as market participants assessed the Federal Reserve’s evolving stance toward markets

Employer awareness of pensions auto-enrolment at 98%

RSS icon04:30pm 24 May 2013

Almost all company directors are now aware of the requirement to automatically enrol their staff onto a pension scheme which they then have to contribute to, according to research published by the...

News Corp to split in two on 28 June

RSS icon04:21pm 24 May 2013

News Corp announces it will officially split its publishing and entertainment businesses on 28 June, two years after the UK phone-hacking scandal involving the News of the World.

Co-op halts new business lending

RSS icon03:40pm 24 May 2013

Co-operative Bank has stopped offering new business loans amid concerns over its capital position and talks with UK regulators.

Co-op halts new business lending

RSS icon03:40pm 24 May 2013

Co-operative Bank has stopped offering new business loans amid concerns over its capital position and talks with UK regulators.

Council pension schemes team up for £250m investment fund

RSS icon03:00pm 24 May 2013

A group of five local authority pension schemes have announced plans to form a £250m investment fund which will back infrastructure projects boosting economic growth.

Japanese stocks recover after falls

RSS icon02:52pm 24 May 2013

Shares in Japan have closed 0.89% higher, one day after Thursday's global sell-off in shares.

Japanese stocks recover after falls

RSS icon02:52pm 24 May 2013

Shares in Japan have closed 0.89% higher, one day after Thursday's global sell-off in shares.

Central banks no insurance for reversal

RSS icon02:45pm 24 May 2013

The Nikkei’s 7.3% plunge on Thursday suggests that central bank intervention offers no insurance against a sharp correction to equity markets

Mortgage approvals edge up in April

RSS icon02:38pm 24 May 2013

Banks expect to sign off more loans for first-time buyers after lending rose in April, although the number of approvals was still down year on year

News Corp to split in two on 28 June

RSS icon02:28pm 24 May 2013

News Corp announces it will officially split its publishing and entertainment businesses on 28 June, two years after the UK phone-hacking scandal involving the News of the World.

Beijing eases auditor dispute with US

RSS icon02:17pm 24 May 2013

Regulators are granted access to documents from Chinese auditors as China moves towards resolving a dispute over accounting scandals

Psst! Don’t tell Sid about Lloyds Bank

RSS icon02:01pm 24 May 2013

The sensible solution here is the boring one: the UK state has a big minority position in a major company, so it should reduce it as demand permits

Oil groups hit by US class action

RSS icon01:31pm 24 May 2013

BP, Shell and Statoil have been named in the first lawsuit to be filed in the wake of an antitrust probe into alleged manipulation of oil prices and benchmarks

VIDEO: Hugh's review: Stock markets volatile

RSS icon01:20pm 24 May 2013

It has been a turbulent week on the world's stock markets, with investor confidence shaken amid fears that central banks may ease their stimulus plans.

VIDEO: Hugh's review: Stock markets volatile

RSS icon01:20pm 24 May 2013

It has been a turbulent week on the world's stock markets, with investor confidence shaken amid fears that central banks may ease their stimulus plans.

Second RBS apology for app glitch

RSS icon01:02pm 24 May 2013

RBS has apologised for the second time in two months after customers were unable to login to their accounts through their mobile phone app.