The US government sold off its remaining shares in Citigroup yesterday, making a strong profit from its ownership of the bailed-out banking giant.

Henderson head of multi-manager Mark Harris has taken a £16m stake in a Vietnam equity fund as he ramps up his exposure to frontier markets.

Warren Buffett has pledged $50m to the creation of a UN nuclear fuel bank, keeping a promise the Sage of Omaha made back in 2006.

THE BIG INTERVIEW

Invesco Perpetual star Neil Woodford is among a group of high profile investors to hit out at today's short-term performance culture, saying this "obsession" is damaging long-term returns.

France will be the next eurozone country in the firing line for bond investors, the chief of the London Stock Exchange believes.

HSBC is being sued for $9bn by the trustee trying to recover money for the victims of Bernard Madoff's fraud.

Oil prices have jumped above $90 a barrel for the first time in two years as a weak dollar continues to drive demand for commodities.

Government bond yields across peripheral Europe dropped sharply yesterday as the ECB kept open its bank emergency liquidity measures until at least the end of the first quarter of 2011.

Neptune founder and CEO Robin Geffen believes UK dividend growth could exceed the 15% consensus forecast next year despite the muted economic environment.