Online forex trading specialist, Oanda, has opened its European headquarters in London.
British pensioners living overseas have collectively lost out on a potential €13bn shortfall in their income since the global recession hit due to the falling strength of sterling against the euro, reports foreign exchange broker HiFX.
Royal London 360 has launched a new single premium offshore bond called Oracle.
A 66-year-old man has been arrested as part of an ongoing investigation into the collapse of Crown Currency.
iShares has listed three currency hedged equity ETFs on NYSE Euronext in Amsterdam, three months after the products were launched on the London Stock Exchange.
Two former directors of collapsed foreign exchange firm Crown Currency Exchange have been arrested and released on bail.
Austria has suspended financial aid to Greece and claims the debt-stricken country failed to comply with the tax revenue targets agreed in the rescue deal.
The US dollar has sunk to a fresh 15-year low against the yen after the G20 nations pledged to avoid a currency war.
The pound has fallen to a five month low against the euro amid a rising claimant count and falling consumer confidence.
iShares has unveiled a range of currency hedged equity ETFs in Europe, providing investors with international exposure without the need to maintain a currency hedge.