Investment bank Goldman Sachs is expected to report only its second ever quarterly loss when it unveils its numbers next week, Credit Suisse analysts have warned.
Billionaire investor George Soros has lost his appeal to have a 2002 conviction for insider trading of Société Générale shares thrown out.
Standard Life's Karen Robertson and M&G's Aled Smith have both entered Chelsea Financial Services' infamous 'Relegation Zone'.
US markets added to their overnight gains on opening this afternoon, following in the footsteps of European markets which have rallied for the second day running.
Rathbones Unit Trust Management has unveiled a Strategic Bond fund to be managed by Bryn Jones.
European markets could see heavy losses in a rapid US-style flash crash, warned Nigel Thomas, manager of the £2.8bn AXA Framlington Select Opportunities fund.
Stocks in the US and Asia rallied overnight after Italy turned to China for help with its debt crisis.
UK output softened in three months to August, and if the economy weakens further it will pave the way for more QE, according to the National Institute of Economic and Social Research (NIESR).
(Updated at 10:45am) Stock markets across Europe began picking up the pieces on Tuesday following yet another mass sell-off which was sparked by fresh recessionary fears and saw London's FTSE index close 3.5% down and major indices in Germany, France...
Liontrust has blamed market volatility for a 7% fall in its assets under management in the second quarter.