Standard Chartered's ‘Whistlejacket' structured investment vehicle (SIV) has been forced into receivership after a 50% drop in net asset value.
GLOBAL STOCKMARKETS suffered major losses yesterday and are expected to continue to fall today as Wall Street suffered its biggest one-day fall yesterday since 9/ 11, and on the back of worries about the strength of the Chinese and US economies, says...
LONDON'S LARGEST investment banks are to face a wide-ranging probe into their measurement and management of collateral amid concerns some may not be properly prepared for a sudden market downturn, according to the Financial Times .
Radio adverts claiming people with money problems can escape up to 80% of their debts are misleading and unethical, debt management company Debt Free Direct said today, reports the Guardian .
Kevin Lomax, founder of IFA network owner Misys, is facing an embarrassing showdown as investors plan to vote against his re-election to the board at next week's annual meeting, reports the Guardian .