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FTSE firms despite double dip shock

by Chris Marshall, Sarah Miloudi on May 24, 2012 at 16:16

After an early recovery, UK stocks trimmed their gains as Britain's fall back into recession during the first quarter was confirmed.

Swip head of UK rates to exit for Middle East

by Emma Dunkley on May 24, 2012 at 13:40

Graeme Troy, head of UK rates at Scottish Widows Investment Partnership, is leaving the firm to embark on a new career in the Middle East.

Lawsuits and probes: investors line up to poke Facebook

by Dylan Lobo on May 24, 2012 at 08:27

When we asked last week whether Facebook was 'worth a poke' we did not anticipate the social network to be on the end of lawsuits and regulatory probes just three days after its IPO.

FTSE ends session 136pts down as Greek fears mount

by Gavin Lumsden, Caelainn Barr, Sarah Miloudi on May 23, 2012 at 16:35

The FTSE 100 has ended the day in red after eurozone officials urged members to plan for a divorce.

Swip cherry-picks 15 for equity high alpha push

by Sarah Miloudi on May 23, 2012 at 14:04

Scottish Widows Investment Partnership has named the fund managers who will drive its high-alpha strategy for global equities. 

Henderson's Beal: the stocks I'm turning to for Tiger growth

by Caelainn Barr on May 23, 2012 at 12:19

Chinese policy is geared to encourage consumer spending and Andy Beal, manager of the Henderson Asian Growth investment trust, outlines the stocks he's backing to capture this growth. 

Barclays breaks silence on BlackRock disposal

by Dylan Lobo on May 23, 2012 at 07:58

(Update) Shares in the bank are under pressure as it explains why it sold its 19.6% stake in BlackRock worth billions of dollars.

Moody’s reiterates Man Group downgrade threat

by Dylan Lobo on May 23, 2012 at 07:57

Moody’s has reissued its threat to downgrade Man Group after the hedge fund firm bought FRM in an $82 million deal.

Eurobond hopes drive FTSE forwards

by Chris Marshall on May 22, 2012 at 09:54

Bargain hunters continue to snap up stocks after weeks of losses as a cautious optimism takes hold ahead of a eurozone summit tomorrow.

M&S revenue alert after first profit fall in three years

by Dylan Lobo on May 22, 2012 at 08:07

In another clear sign of how tough things are on the High Street Marks & Spencer has posted its first profit fall in three years and downgraded its revenue forecast for the next three years.

Why is Barclays selling its $6.1bn BlackRock stake?

by Emma Dunkley, Dylan Lobo on May 21, 2012 at 11:28

Has the combination of regulatory pressure and the European debt crisis forced Barclays to sell its 19.6% stake in the asset management firm?  

Man Group acquires FRM Holdings for $82m

by Sarah Miloudi on May 21, 2012 at 07:47

(Update) Man Group has agreed to acquire the entire issued share capital of FRM Holdings in a deal that sees it become the largest non-US based independent fund of hedge funds provider.

Bill Gates exploits window to snap up BBA Aviation shares

by David Campbell on May 21, 2012 at 00:01

Bill Gates has bought heavily into flight services company BBA Aviation following a volatile year for the company, as its shares came under pressure due to a rights issue and muted global growth.

FTSE extends losses as euro woes mount

by Caelainn Barr on May 18, 2012 at 09:48

Britain’s FTSE 100 slides as Moody’s downgrades 16 Spanish banks overnight and the country’s borrowing costs remain above 6%.

Fitch downgrades Greece and warns of $566bn bank shortfall

by Dylan Lobo on May 18, 2012 at 08:30

Fitch has cut its rating on Greece, while warning 29 of the world's biggest banks they will need to raise $566 billion to satisfy new Basel III capital rules.

Markets fall deeper into red on Spanish bank fears

by Caelainn Barr, Sarah Miloudi on May 17, 2012 at 09:52

European markets continue to slide as the beleaguered eurozone nation is expected to fall behind on its austerity plan.

Aviva to find ‘best available’ CEO in the world

by Dylan Lobo on May 17, 2012 at 08:23

The firm will spend the rest of the year hunting for the best chief executive in the world following Andrew Moss' resignation as an interim update highlights how tough things are at the moment.

GAAR forces RSM Tenon to suspend tax products

by Dylan Lobo on May 17, 2012 at 08:17

RSM Tenon has suspended product offers through its specialist tax service line following the government's introduction of the general anti-avoidance rule (GAAR).  

Close AM enters last leg of restructuring

by Dylan Lobo on May 17, 2012 at 08:04

Close Asset Management's losses have continued, although its parent, Close Brothers, said the restructuring of the business has entered its final stage.

Investec Wealth & Investment profit dips on restructure costs

by Dylan Lobo on May 17, 2012 at 07:50

(Update) Investec's wealth arm saw a 4.2% fall in profit on restructuring costs, while its specialist banking arm saw a 30% slump in earmings. However, it funds business had a record year. 

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