UBS

The chief executive of UBS has attacked the government for its neglect of the City, warning tougher regulations could see investment banking businesses move from the UK and Europe to Asia and the US.

The government says it will increase the levy on bank profits to £2.5bn this year, to raise an extra £800m for the public purse.

The National Employment Savings Trust has appointed State Street Global Advisors, UBS Global Asset Management and BlackRock to run five mandates for its default fund.

The global economic recovery is benefiting many sectors, but few have gone as unnoticed as industrial metals. Nick Sudbury reports

Fraudster Bernard Madoff's family are facing 40 new law suits as lawyers claim they pocketed $69m from his Ponzi scheme.

UBS is being sued for more than $2bn (£1.3bn) amid claims it hid fraudster Bernard Madoff's Ponzi scheme while it lost his clients billions.

Bank of England Governor Mervyn King has thrown his weight behind breaking up the banks as part of reforms to protect the taxpayer from another financial meltdown.

iShares has unveiled its inaugural UK range of swap-based ETFs, based on the multiple swap counterparty model, to provide exposure to India and Russia.

UBS Global Asset Management has launched a set of ETFs aimed at the Swedish marketplace.

With so many platforms to choose from and new entrants set to join the industry, how can advisers make sure they pick the right proposition for their clients? Maria Merricks investigates.