RBS has reserved £400m for a currency probe as it reported a third successive quarterly profit thanks to reduced costs and strengthening economic conditions.
'There could be disasters in the D2C space'
FTSE 100 earnings may grow by as little as mid-single digits next year, but inexpensive P/E ratios mean buying on the dips still makes sense, according to Old Mutual Global Investors' Richard Buxton.
The board of the Schroder UK Growth trust has retained the fund house to run the portfolio following a beauty parade - but the company's investment style will no longer follow the group's 'business cycle' process.
Investors should beware of companies playing down earnings expectations just to beat them on the day, Société Généralé's Albert Edwards has warned.
The operators of twenty-eight of the UK's largest investment platforms are forming the UK Platform Group in a bid to more fully represent the industry.
Standard Life Investments has reported a £1bn net outflow from its fixed income products over the nine months to September, with the subsequent departure of the Ignis rates team adding to outflows.
Wealth management firm Courtiers is to introduce a ‘Monte Carlo' risk profiling tool which allows clients to prioritise different types of risk.
Brazilian equity markets tumbled today after incumbent president Dilma Rousseff won a second term by a narrow margin.