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Citywire Investment News
- Brooks hires Credo's Gemma Godfrey as strategy head
Thu, 23 Feb 2012 11:06:44 Z
Brooks Macdonald has bolstered its team with the hire of Gemma Godfrey, Credo Capital?s former investment committee chair, as head of investment strategy.
- Wealth firms spend 10% of income on regulation
Thu, 23 Feb 2012 11:03:51 Z
Wealth firms spent over 10% of their total income on compliance costs alone in 2011, part driven by an 11-fold increase in spend relating to the suitability review, according to Compeer.
- MAM Fund?s Sam Liddle quits for app venture
Thu, 23 Feb 2012 10:16:01 Z
MAM Fund's manager Sam Liddle is set to leave the firm in June, to focus on his smartphone apps business which he established last year.
- JM Finn poaches four-strong team from Brewin
Thu, 23 Feb 2012 10:00:15 Z
JM Finn Co has lured a quartet of senior investment managers from Brewin Dolphin for its London office.
Citywire Money, Tax and Property
- How to pay for long-term care of your loved ones
Wed, 22 Feb 2012 10:29:23 Z
The average person can expect to spend nearly 60% of their retirement in good health, but how will you pay for the other 40%?
- House prices see biggest rise in 10 years
Mon, 20 Feb 2012 10:19:30 Z
Asking prices rose 4.1% in February ? the biggest monthly increase since April 2002.
- What is a mortgage and how do I get one?
Fri, 17 Feb 2012 12:12:23 Z
We unpick the mortgage jargon to help you get to grips with the different types of loan that are available.
- Rents resume upward march
Fri, 17 Feb 2012 00:01:00 Z
Following two months of declines, the average monthly rent in England and Wales rose 0.1% in January to £712.
FT.com - Financial Markets News
- Euro denominated oil hits record
Thu, 23 Feb 2012 11:30:54 GMT
The new record comes a day after oil hits new high in sterling terms
- Bulls on top at International Petroleum Week
Thu, 23 Feb 2012 11:19:24 GMT
Iran dominates talk at oil industry shindig, but other supply issues are also a concern, writes Javier Blas
- Stocks edge up from Greek hangover
Thu, 23 Feb 2012 11:00:14 GMT
Global equities rise after strong German business confidence survey, and despite lingering concerns about implementing Greek rescue deal
- RBS leads rebound in London?s banking sector
Thu, 23 Feb 2012 10:36:22 GMT
The part-nationalised bank recovers from opening losses after bigger than expected charges of £1.1bn to lead its peers higher
BBC Business News
- RBS bank's loss doubles in 2011
Thu, 23 Feb 2012 11:33:52 GMT
State-controlled Royal Bank of Scotland reports a loss of £2bn in 2011, its fourth year of losses since the bank's bailout in 2008.
- German business 'more confident'
Thu, 23 Feb 2012 10:44:20 GMT
German business confidence rises for the fourth month in a row in February, to a seven month high, according to the Ifo Institute.
- EU sees 'mild' eurozone recession
Thu, 23 Feb 2012 10:40:59 GMT
The European Commission predicts that the eurozone economy will contract by 0.3% in 2012, having previously forecast 0.5% growth.
- Stamp duty change prompts pick-up
Thu, 23 Feb 2012 10:36:24 GMT
The number of mortgage approvals for house purchases hit a two-year high in January ahead of the withdrawal of a stamp duty concession.
Citywire News
- Bolton sets July deadline for decision on China fund
Thu, 23 Feb 2012 11:36:06 Z
Anthony Bolton, manager of the Fidelity China Special Situations investment trust, will tell shareholders at the AGM in July whether he will continue beyond April 2013.
- RBS tops index despite losses; FTSE flat
Thu, 23 Feb 2012 09:29:39 Z
FTSE 100 index drifts as Royal Bank of Scotland (RBS.L) posts losses of £2 billion and pays £985 million in bonuses.
- RBS losses widen as it tries to defuse bonus row
Thu, 23 Feb 2012 08:31:10 Z
Chancellor George Osborne welcomes Royal Bank of Scotland's smaller bonus pool for investment bankers.
- Why is the yen so high against the pound?
Thu, 23 Feb 2012 05:01:00 Z
Five years ago a pound could buy 250 yen. Now it's worth less than half that. But, writes Chris Towner of HiFX, things could soon change.
BBC News
- Venomous spider found in bananas
Thu, 23 Feb 2012 11:35:20 GMT
A venomous spider from Colombia is found in a bunch of bananas by an Edinburgh shop worker in Asda.
- RBS bank's loss doubles in 2011
Thu, 23 Feb 2012 11:33:52 GMT
State-controlled Royal Bank of Scotland reports a loss of £2bn in 2011, its fourth year of losses since the bank's bailout in 2008.
- British music heads 2012 ceremony
Thu, 23 Feb 2012 11:33:19 GMT
British music will dominate the closing ceremony of this summer's Olympic Games.
- UN receives Syria war crimes list
Thu, 23 Feb 2012 11:31:02 GMT
A UN panel draws up a list of Syrian officials who may be investigated for crimes against humanity, as Syrian forces renew shelling in Homs.