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Financial Services

Bank of England won’t raise rates until 2017

Oct 06 2015 12:30

It’s getting increasingly difficult to convince investors that the Bank of England will tighten monetary policy any time next year.

Financial Services

Investec launches new structured product

Oct 05 2015 18:38

Investec has launched a new structured investment product, the USD Wealth Accelerator, which tracks the S&P 500 Index.

Financial Services

US top court rejects Charles Schwab appeal

Oct 05 2015 17:00

The US Supreme Court has left intact an appeals court decision that has allowed a financial adviser to sue Charles Schwab Corp.

Financial Services

US forex broker says it has been hacked

Oct 05 2015 15:30

Online foreign exchange market broker FXCM says it has been hacked in an intrusion that has seen money withdrawn from some customers' accounts.

Financial Services

UK govt plans £2bn Lloyds retail share sale

Oct 05 2015 14:53

The UK finance ministry plans to sell at least £2bn worth of shares in Lloyds Banking Group to retail investors to return the bank to full private ownership.

Financial Services

Old Mutual ranked top employer in financial services and insurance

Oct 04 2015 16:55

The Top Employers Institute announced that Old Mutual has secured the number one slot in the financial services and insurance categories for the fifth consecutive year.

Financial Services

Greece limits short-selling ban to top banks

Oct 01 2015 10:00

Greece's stock market watchdog has said it was maintaining a short-selling ban on the shares of top banks ahead of an imminent recapitalisation process.

Financial Services

Capitec banks 25% earnings as clients grow

Sep 29 2015 10:38

Capitec Bank has increased earnings by 25% for the six months to end-August, on the back of the bank’s highest growth in active clients in three years.

Financial Services

Beware Capital Management, warns FSB

Sep 29 2015 07:25

The FSB has warned investors to exercise caution with Capital Management Private Wealth, which “promises clients a 25% daily return on their investments”.


Financial Services

Rothschild banking dynasty quarrel over family name

Sep 25 2015 19:05

Private bank and asset manager the Edmond de Rothschild Group says it would press ahead with legal action against a rival branch of the banking dynasty over use of the Rothschild name.

Financial Services

Accused US "flash crash" to face UK extradition hearing

Sep 25 2015 10:28

The UK-based trader accused by US authorities of market manipulation that helped cause the 2010 Wall Street "flash crash" is due to appear in court to fight extradition.

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