News
Markets
All headlines
Friday Papers: Insults fly over troubled HP buyout
As many as a quarter of the staff at Autonomy quit the British software group soon after its acquisition by HP.
Overnight Markets: US stocks gain as Europe offsets China concern
But the Nasdaq declined after NetApp gave a weak revenue forecast, casting doubt on the outlook for tech spending.
Citywire Top Stocks Daily News Digest
All the news from across the web about the companies featured in Citywire's Top Stocks.
FSA clarifies position on third party model portfolios
The Financial Services Authority FSA has sought to clarify its rules around IFAs using third party model portfolios.
Polson: Life companies risk overspending on corporate wraps
Wrap consultant Mark Polson has warned that providers developing corporate platforms risk spending ‘hundred and millions of pounds on stuff that people will not use’.
Partnership and Openwork strike annuity deal
Partnership is to become the sole standard and enhanced annuity provider for Openwork and has made a ‘significant’ upfront payment to build new systems for the multi-tied network.
Ex-Chartwell boss Grant joins Fidelius as chief exec
Former Chartwell chief executive Jim Grant has joined Bath-based wealth manager and employee benefits firm as chief executive.
UK recession deeper than first estimated
The UK economy contracted by 0.3% in the first three months of 2012.
JP Morgan Chase under fire over planned copper ETF
JP Morgan Chase’s plan to launch an exchange traded fund backed by physical copper has come under fire from US manufacturers who argued the product would ‘grossly and artificially inflate prices’ and ‘wreak havoc on the US and global economy'.
Sipp provider hits out at £8m green oil Ucis closure
Sipp provider Stadia Trustees has hit out at a High Court decision to close a green oil investment because it should have been called a collective and allegedly promised unrealistic returns.