Asian markets tumbled overnight and safe-haven bond yields fell following news EU member Cyprus is to impose an unprecedented bank levy on deposits held in the country.

SELL or HOLD?

J.P. Morgan executives tried to conceal data from US regulators that revealed just how large its ‘London Whale' trading losses were, according to the US Senate.

The collapse of debt burdened firms that were bought up by private equity companies before the financial crisis could pose the next major risk to the stability of the UK's economy, the Bank of England has warned.

Germany's second largest bank Commerzbank slid as much as 14% today after it said it will sell €2.5bn to repay the government and insurer Allianz amid a company restructure.

Investors question whether gold has lost its shine as China growth picks up and US shows signs of recovery.

Some 67% of bankers in the City were unhappy with their overall remuneration package in 2012 and feel "excellence is not incentivised" according to a new study.

Total assets in UK wealth management reached a record high of £527bn in Q4 last year, despite fears regulation would dampen inflows and put pressure on costs.

The FSA was aware that LIBOR rigging could pose a ‘significant issue' to the UK's banking system as early as 2008, an internal report has shown.

J.P. Morgan Asset Management's Austin Forey and his new co-manager Leon Eidelman are looking to add a mid-cap slant to their £1.1bn Emerging Markets fund to give performance a boost.