Smaller hedge funds reach the end of the road
One in eight hedge funds have earned no performance fees since 2007, as industry faces a wave of impending consolidation.....
UK banks set aside more for Osborne than Darling
Five biggest listed groups made greater provisions for the government's bank levy last year than for the Labour tax on bank bonuses.....
Dragons fail to breathe fire
Investments received from the popular British television show Dragons' Den do not provide the boost that many small businesses hope for, according to research by Financial News......
Concern rises over LTRO repayment plans
Just a week after the second round of LTRO, the ECB has sounded out users of the liquidity facility over how they plan to fund themselves without its support.....
European banks in dark pool rush
Banks are forwarding their plans more quickly than normal in a bid to bring platforms to market before rivals.....
John Lewis pensions head to retire
Former hedge fund manager to step up as investment head of £2.5bn trust.....
Icap calls for regulation of Platts platform
Interdealer broker wants oil price reporting agency regulated like other trade execution platforms.....
Tullett plans to launch electronic FX offering
UK broker's move comes ahead of new rules pushing currency trading derivatives onto platforms.....
Invesco offers chunk of Rock
Invesco Perpetual is offering investors the opportunity to back the re-birth of Northern Rock.....
Metric raises 100m in eight months
Debt manager launched last year by ex-TowerBrook, Terra Firma and Deloitte senior figures has raised a third of its target.....
ICGN urges managers to think long term
The world's largest pension schemes are stepping up pressure on asset managers to take account of long-term risks when making investment decisions......
Aon Hewitt expands top roles after co-chief leaves
Consultants' move comes after departure of co-chief executive last month.....
Top banks to offer collateral upgrades'
Derivatives dealers are hunting fresh commercial opportunities as slew of collateral-intensive regulator nears.....
Euroclear teams up with LCH
Central securities depositary and clearing house to launch collateral trading pool in summer.....
UK considers super long-term bond
The government is considering issuing a new "super long" term bond it hopes will cut the UK's interest payments for years......
UK trade gap less than expected
The UK's trade deficit was less than expected in January, thanks to strong exports of cars to the US, China and Russia, official figures show......
RBS and Lloyds to cut 1,900 jobs
Part state-owned banks RBS and Lloyds have announced they will cut 1,900 jobs between them as they reorganise......
Land Rover to create 1,000 jobs
Jaguar Land Rover says it is creating 1,000 new jobs at its Halewood factory on Merseyside......
New rules 'may force Pru from UK'
Insurer Prudential fears tighter rules on the amount of capital it must hold may force it to relocate headquarters from UK......
US financial strains 'have eased'
The US central bank made no change to interest rates at its regular meeting, saying financial market strains had eased......
Camelot challenges Health Lottery
The National Lottery wants a judicial review of the Gambling Commission's decision to allow rival Health Lottery to run in its current form......
Credit Suisse head of sales fined
The head of European credit sales at Credit Suisse, Nicholas Kyprios, is fined 210,000 by the Financial Services Authority......
China faces rare earth trade case
The US, EU and Japan file a landmark trade case against China over export of rare earths, which are critical to the manufacture of high-tech products......
Mashable.com 'to sell for 130m'
CNN is rumoured to be in talks to buy technology website Mashable.com......
Firms 'report optimism over jobs'
The UK's labour market may be "turning the corner", with more firms looking to hire staff than let people go, a survey of 2,000 firms suggests......
Women directors 'at record high'
The percentage of women on the boards of the UK's 100 largest-listed firms has risen to a record 15.6%, a report says......
Euro MPs support quotas for women
The European Parliament backs calls for quotas to put more women into company boardrooms, saying progress has been too slow......
EU to freeze Hungary aid on debt
The European Union decides to suspend 495m euros ($655m; 417m) of funds due next year to Hungary because of the country's budget deficit......
FSA warns on new buy-to-let fraud
The Financial Services Authority is worried about the fraudulent use of buy-to-let mortgages by some people who cannot obtain an ordinary mortgage......
Tesco workers face pension change
The UK's largest supermarket chain, Tesco, tells 172,000 staff that their pension scheme will become less generous......
US retail sales jump in February
US retail sales jumped by the most in five months in February, official figures show, fuelled mostly by demand for cars......
House sales and lending pick up
The UK property market may be going through a modest pick-up in activity, industry figures show......
'50 iPad' glitch on Tesco site
An 'glitch' on Tesco's website saw Apple's latest iPad mistakenly go on sale for 49.99......
Tablets added to inflation basket
Tablet computers, fiction books for teenagers and cans of stout are being put in the basket of goods used to calculate the rate of inflation......
Pension deficit 'drops slightly'
The collective deficit of the UK's private sector final-salary pension schemes dipped slightly during February, figures show......
Mortgage scheme boost for buyers
People in England are to be offered help to climb onto or up the housing ladder as the government's new mortgage guarantee scheme launches......
German sentiment at 21-month high
German investor confidence has risen to the highest level since June 2010, a closely-watched survey suggests......
BoE's new rules 'groundbreaking'
Bank of England director Paul Fisher says the bank's new financial regulations are "truly groundbreaking"......
Eurozone backs new Greek bailout
The eurozone group has backed Greece's second bailout of 130bn euros pending a contribution from the IMF, after last week's private debt swap......
Yahoo sues Facebook over patents
Yahoo sues Facebook over claims that the social network failed to license 10 patents belonging to the web portal......
Takeover failure hits G4S profits
Security company G4S reports a 17% fall in annual profits, partly due to the cost of a failed takeover bid......
Canadian boost for Standard Life
A strong performance in Canada and cost cutting delivers a 28% increase in operating profit for Standard Life......
Murray may fail SFA fitness test
Blue Knights figurehead Paul Murray may be unable to join the Rangers board because of his directorship prior to administration......
Olympics double hotel room price
An annual survey of hotel room prices has found that visitors to London will pay twice as much to stay as last year......
Brazil football chief steps down
Brazil's football and 2014 World Cup head Ricardo Teixeira leaves his post citing health reasons, after a string of corruption allegations......
VIDEO: Budget: 'Cutting tax rate raises money'
A former chancellor claims cutting the top tax rate would bring in more money for the government, and if in charge today he would lower it to 40% again......
VIDEO: Hotels 'not greedy' for Olympic price hike
An annual survey of hotel room prices has found that visitors to London will pay twice as much to stay as last year......
VIDEO: App becomes 25 billionth download
Disney's game 'Where's my water?' has been named as Apple's 25 billionth app sale......
VIDEO: Should we expand UK airports?
The government is days away from publishing a vision for the future of Britain's airports......
VIDEO: EU debates financial transaction tax
EU finance ministers meet to discuss European financial transaction tax.....
VIDEO: What apps should be on PM's tablet?
The prime minister is to get his own smart phone app, and there are calls for all MPs to be given a tablet computer amid claims that it could save money, despite the initial 400 costs......
AUDIO: Why no women in bank boardrooms?
Charles Elvin from the Institute of Leadership & Management told BBC Radio 5 live about the male-dominated banking culture......
VIDEO: Game 'at end of queue for rescuers'
The high street shops Game says it is in danger of collapse today after several suppliers refused to provide it with new big selling games......
The cost of Greek 'credit event'
Why the Greek default has so far failed to bite.....
Chinese leaders ponder a stable economic future
China strives to stabilise its economy.....
Will sun still shine for Germany solar power
What next for Germany's solar power industry?.....
Markets recover as fears fading
Three years from crash, markets recover as fears fade.....
Artists move online to sell work
Young artists move from canvas to website.....
Countries pursue Sri Lankan oil
Sri Lanka's potential oil reserves attract global interest.....
U.S. Day Ahead: Bernanke to reassure banks are healthier
Correspondent Mark Felsenthal says Fed Chair Ben Bernanke is likely to say financials are in better health after stress tests when he gives a speech before a community bankers' convention......
Inside the Fed lockup: Fed says market strains have eased
Fed Correspondent Pedro Da Costa reports from inside the Treasury Department lock-up that Fed policymakers say financial market strains have eased, although downside risks remain.....
EU punishes Hungary
Mar. 13 - European Union finance ministers have suspended Hungary's access to half a billion euros in aid from next year for failing to keep its budget in check, but told Budapest it could escape the sanctions if it takes remedial fiscal action by Ju.....
Obama: jobs center of China dispute
March 13 - U.S. President Barack Obama said a joint trade dispute between the U.S., Japan and the European Union against China is an effort at making sure the global marketplace is an even playing field for U.S. workers. Rough Cut (no reporter narrat.....
Rusal chairman quits in oligarch fight
March 13 - Two of Russia's richest oligarchs are involved in a public spat after billionaire Viktor Vekselberg quits as chairman of the world's largest aluminum producer RUSAL where another Russian tycoon, Oleg Deripaska, is the chief executive. Soni.....
Gas prices pump up retail sales
March 13 - U.S. retail sales jumped 1.1 percent in February as American consumers spent more at the pump, but were still willing to buy other goods, in a sign of growing consumer confidence. Carmen Roberts reports......
Bundesbank risk provision blows hole in profits
Insider he's concerned about the level of risk emerging from the ECB's looser collateral rules......
Trading at Noon: Stocks up on Greece, retail sales
Mar. 13 - U.S. stocks are up as euro zone finance ministers gave their final approval to a second bailout for Greece......
European Close: Equities rise on strong German data
Mar. 13 - A better than expected ZEW report lifts European stocks. Traders look to guidance later in the day from the Fed as th the direction of policy on quantitative easing......
Breakingviews: The AT&T boards missed call
March 13 - Richard Beales and Robert Cyran discuss the move by some AT&T shareholders to split the chairman and CEO jobs......
After Greek bailout, worries about Spain
Mar.13 - After euro zone finance ministers gave final approval to Greece's second bailout, its lenders say it should put Athens' debt on a sustainable path. But with Greece off the critical list for the time being, Europe is worried about the state o.....
Hedge funds off to best start of year since 2000: eVestment
Mar. 13 - Peter Laurelli of eVestment Alliance says that hedge funds have recorded 4.6% gains so far this year and that equity funds exposed to emerging markets posted the best returns......
3XSQ: Americans shopping, Disney's Iger faces shareholders
Mar. 13 - U.S. retail sales for February recorded their largest gain in five months, and Walt Disney's Bob Iger faces shareholders today at the company's annual meeting......
EU demands U.S. ends Boeing subsidies
March 13 - EU demands U.S. to end subsidies to Boeing after WTO appeal body upholds ruling over illegal funding to U.S. plane maker. Sonia Legg reports......
Breakingviews: Reuters on the Road
Mar. 13 - Breakingviews' editor Hugo Dixon shares a taxicab ride with Axel Threlfall and tells him why he thinks France's Socialist Presidential candidate Francois Hollande is less radical than he appears......
Breakingviews: RUSAL boardroom turmoil personal & political
Breakingviews......
China's wealthy lawmakers make U.S. counterparts seem poor
Mar. 13 - As China's legislators dress up in their best for the annual parliamentary session, Chinese citizens gripe about conspicuous consumption amidst a widening rich-poor gap......
Reuters Today - Spain feels heat on debt
Mar. 13 - Spain is in the firing line over deficit targets and global markets wait for word from the Fed on policy, but the betting is for no change in policy......
Political tensions simmer in Hong Kong
Mar. 13 - A difference in lifestyle and values inflaming anti-mainland Chinese feelings in Hong Kong, says legislator Regina Ip......
Market Pulse: Growth hopes lift European shares
Mar. 13 - A cautiously positive outlook for the euro zone begins to emerge in the wake of the massive Greek bailout. Analysis from Hargreaves Lansdown's Richard Hunter......
U.S. Morning Call: Yahoo sues Facebook; Apple holds talks
Mar. 13 - Yahoo is suing Facebook for infringing 10 patents, and Apple and Motorola Mobility hold talks on a cross-licensing deal to settle smartphone patent infringement lawsuits......
John Carter: Disney's costly flop
March 12- The disappointing opening weekend of Walt Disney's John Carter did not just dash dreams of box office success, it also brings down hoped-for revenue streams from everything from product merchandising to theme park rides. Bobbi Rebell report.....
Wall Street takes a pre-Fed pause
March 12 - Summary of business headlines: Stocks finished little changed as investors await Federal Reserve; U.S. gas prices up 12 cents in two weeks -survey; Pepsi seeks more pop in executive ranks; Disney's less-than-heroic "John Carter" debut. Con.....
Fed Strategy: Ready, Aim...Wait!
Correspondent Mark Felsenthal says Fed Chair Ben Bernanke is likely to leave QE3 on the table, but not use it......
U.S. Day Ahead: Jobs won't sway Fed from policy path
Correspondent Mark Felsenthal says that recent job gains won't change Fed's decision to maintain interest rates at zero through late 2014......
Barclays and RBS vie for MF Global claims
Barclays and Royal Bank of Scotland are competing to buy the claims that former customers of MF Global still have against the failed broker.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d688665/mf.gif' border=.....
Senior Credit Suisse banker gets bonus despite 210,000 fine
A senior Credit Suisse trader will be paid a bonus for 2011 despite being fined 210,000 by the Financial Services Authority for "improper market conduct".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d688931/m.....
Banker gets bonus despite 210,000 fine
A senior Credit Suisse trader will be paid a bonus for 2011 despite being fined 210,000 by the Financial Services Authority for "improper market conduct".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d688666/m.....
China and US lock horns over minerals
China has accused the US of being "rash and unfair" after The White House filed an official complaint to trade authorities over export restrictions Beijing puts on rare minerals used in everything from smartphones to hybrid cars.<img width='1' hei.....
Farmers 'hit hardest' by interest rate swaps
"Faulty sales processes" at banks have left farmers disproportionately hit by the controversial sale of interest rate swaps, an expert has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d688668/mf.gif' b.....
Asian growth drives Prudential towards 2013
Prudential reached an important milestone in its 163-year history on Tuesday when its Asian business became the largest contributor to operating profits for the first time.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
4G mobile may arrive this year following Ofcom ruling
Telecom regulator Ofcom said it will allow mobile operator Everything Everywhere to launch next-generation 4G mobile services to its Orange and T-Mobile customers, more than a year ahead of its rivals.<img width='1' height='1' src='http://telegrap.....
Leaderless Antofagasta disappoints on dividend
Copper miner Antofagasta disappointed hopes for a hefty dividend payout, even as profits climbed on the back of a rise in the metal price and the start-up of a flagship mine.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Sir Richard Branson in call to subsidise job sharing
Tens of thousands of jobs could be created if the Government subsidised job share and flexible working by raiding benefits, Sir Richard Branson has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d6871ba/mf.....
Jaguar Land Rover confirms 1,000 new jobs in Britain
Car manufacturer Jaguar Land Rover has confirmed it is adding 1,000 new jobs to its Halewood factory, in more good news for Britain's motor industry.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d6871bb/mf.gif.....
Vince Cable to up attack on executive pay
Vince Cable will step up his war on fat-cat pay by launching his controversial plans to make corporate remuneration reports subject to a binding vote by investors, every year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
G4S hit by 55m in failed ISS bid costs
G4S, the security company, incurred 55m of costs in its failed bid for rival ISS last year, substantially denting the company's profits.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d6871be/mf.gif' border='0'/.....
Polish predator JSW looked at New World
One of Poland's largest mining companies has admitted it was considering a deal with London-listed New World Resources (NWR).<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d6871c4/mf.gif' border='0'/><br/.....
Oligarchs war at Oleg Deripaska's metal giant
The resignation of the billionaire chairman of Rusal, the world's biggest aluminium producer, has laid bare a deep rift between him and the company's controlling shareholder Oleg Deripaska.<img width='1' height='1' src='http://telegraph.feedsporta.....
Greece off course as troika paves way for bail-out funds
Greece is already off course and is likely to miss the budget targets attached to the 130bn (108bn) bailout programme, officials have warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d6871ce/mf.gif' border.....
Trade gap widens but recession fears ease
Britain's trade gap widened in January but a rise in car exports to non-EU countries boosted hopes that trade with developing markets could help the UK escape a double-dip recession.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
Ex-HBoS executive admits FSA 'worries'
One of HBOS's most senior former executives has admitted he is "worried" he could become embroiled in the City watchdog's investigation into the failed bank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d6871d.....
Marks & Spencer has designs on Savile Row
Marks & Spencer has taken up residence in Savile Row.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d6871d9/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/129200022973/.....
Debt crisis: as it happened - March 13, 2012
Greece must make even deeper spending cuts in the next two years to meet targets agreed as part of its bail-out, according to a European Commission report, and the IMF is to give the country a further 8.2bn.<img width='1' height='1' src='http://te.....
Financial Times managers suffer vote of no confidence
Senior management of the Financial Times, including its editor Lionel Barber, have suffered a vote of no confidence from editorial staff protesting over pay conditions.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
IDS should consider good old fashioned jobs when seeking cohesion
Iain Duncan Smith today spoke out for the stabilising influence of marriage and the families which result. That's laudable and worthy of support.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d6806dd/mf.gif' bo.....
Recruit more women as senior executives
An optimistic report from Cranfield School of Management predicts that the UK will exceed its target for female board members in public companies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d6806df/mf.gif' b.....
Getting to grips with the EU's new fiscal pact
A picture paints a thousands words. Over the course of countless summits, European leaders have strained to produce the right narrative for photographers: extravagant triple-kiss greetings, toothy grins, and wistful stares between Angela Merkel and N.....
Yahoo! sues Facebook over ten patents
Yahoo! has alleged Facebook is infringing ten of its patents, following through on a threat to sue that sees Silicon Valley's patent wars spread.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d67fe4e/mf.gif' bo.....
Debt crisis: live
Greece must make even deeper spending cuts in the next two years to meet targets agreed as part of its bail-out, according to a European Commission report, and the IMF is to give the country a further 8.2bn.<img width='1' height='1' src='http://te.....
