Wealth managers flock to Singapore as Switzerland suffers
Private banks are bidding hard for talent as they accelerate their push into Asian markets.....
LSE on target to win Italian bond platform EuroTLX
UK group set for victory in auction of retail platform as exchange operators eye fixed-income spoils.....
Marathon man Hosking returns with risk-on mid-cap plan
After leaving the UK fund manager in December, Marathon co-founder plots new venture with former hedge fund Rising Star.....
Carlyle launches $2bn fund into land of Abenomics
Japan-focused fund launch is the first in five years by a global buyout firm.....
Redington set to launch implemented consulting service
Pensions advisory firm's move targets small and medium-sized funds.....
Emea Capital hires ex-UBS Can Uran
Former emerging markets specialist at Swiss bank joins Osman Semerci's bond arbitrage manager as CIO.....
Bank of China UK turns loss into profit
Capital injection from Chinese state-owned parent helps UK arm post £50m swing in full-year profits.....
McGroarty to be the Spire top for Tower
US high-frequency trading firm lines up former Citadel executive to run European arm.....
KKR eyes the CLO market in Europe
Alternatives firm opens talks with banks and investors over €500m fund.....
French FTT comes into blossom
Springtime in Paris and the French are showing their financial transaction tax could be the ideal model if the EU insists on introducing one.....
Swiss roll out the red carpet
With its private banks under attack, Switzerland moves to welcome hedge funds and asset managers.....
Dow tops 15,000 as world shares gain
The Dow Jones index closes above 15,000 for the first time as strong German factory data pushes US and European share markets higher......
HSBC profits surge as bad loans fall
HSBC almost doubles pre-tax profits to $8.4bn (5.4bn) in the first three months of 2013 after trading conditions in the bank's key markets improve......
Tax chief wants more transparency
Leading UK tax expert John Dixon warns companies that they can no longer ignore public unease about tax avoidance......
UK should quit EU, says Lord Lawson
Ex-Chancellor Lord Lawson calls for the UK to leave the European Union - but Downing Street says the PM remains confident his renegotiation strategy "will deliver results"......
Brazilian Azevedo to head up WTO
The new head of the World Trade Organisation will be Roberto Azevedo from Brazil, the first Latin American to hold the post, officials say......
Debt worries 'feature payday loans'
Twice as many people who sought help with debts in 2012 had payday loans compared with a year earlier, a charity says......
Extend migrants' benefits says EU
The European Commission will unveil plans on Wednesday to extend the length of time home states must support their own citizens seeking work in other EU countries......
Crown Post Office staff go on strike
Staff at some of the UK's largest post offices are taking industrial action in a growing dispute over closures, franchising, jobs and pay......
Credit unions plan for more members
The UK's network of credit unions is set to expand after 31 groups signed up to a major investment project......
China approves GM's Cadillac plant
General Motors wins approval from China to build a $1.3bn (835m) plant to manufacture luxury Cadillac cars in the country......
Asian sales boost Carlsberg profits
Danish brewer Carlsberg returns to profit in the first quarter of the year, helped by strong sales growth in Asia......
Australia cuts rates to record low
Australia's central bank lowers its benchmark interest rate to 2.75% from 3%, in an attempt to counter slowing growth in the country's mining sector......
Diageo chief Paul Walsh to step down
Paul Walsh, chief executive of the Guinness and Johnnie Walker drinks giant Diageo, is to step down, the company announces......
G4S shares fall on tougher trading
Shares in G4S fall more than 13% after the world's largest security firm warns about continuing tough trading conditions in Europe......
Nikkei tops 14,000 in five-year high
Japan's Nikkei index surged on Tuesday, rising above the 14,000 mark for the first time since June 2008......
Societe Generale mulls job cuts
France's second biggest bank, Societe Generale is considering cutting 550 jobs to weather the ongoing economic crisis in Europe......
Greece making 'progress' on economy
Debt-laden Greece makes progress to improve its finances, but must do more to fight the "notorious" tax evasion, the International Monetary Fund says......
Senate backs online sales tax plan
An online sales tax bill heads to the US House of Representatives after Senate passage, as brick-and-mortar shops call for a "level playing field"......
Minister defends pension changes
Pensions minister Steve Webb defends plans to stop people receiving a state pension based solely on their husband or wife's employment record......
Italy economy to shrink 1.4% in 2013
Italy's economy will shrink by 1.4% this year, a sharper contraction than previously forecast, says the country's statistics agency......
Hong Kong dock workers end strike
Dock workers in Hong Kong end a 40-day strike affecting one of the world's busiest ports......
Eurozone retail sales fall in March
Retail sales in the eurozone fall for the second month in a row in March, according to the European Union's statistics office Eurostat.....
Commerzbank hit by cost of job cuts
Germany's Commerzbank reports a 94m-euro ($123m; 79m) loss in the first quarter after being hit by charges related to job cuts at the bank......
New York to sue banks over mortgages
New York's attorney general says he plans to sue major lenders Bank of America and Wells Fargo for violating a $25bn (16bn) mortgage settlement......
Motorola 'abused patent position'
Motorola "abused its position" when it filed a patent injunction against Apple in Germany, EU officials say......
Clubs to consider play-offs and SPL2
Dundee manager John Brown is confident of agreement as top-flight clubs consider play-offs and SPL2......
Fifa official Blazer suspended
Fifa executive committee member Chuck Blazer is suspended for 90 days after claims his conduct was "fraudulent"......
Liverpool to play in Cape Town
Liverpool announce they will be travelling to South Africa to play Ajax Cape Town soon after the end of the English Premier League season,.....
VIDEO: Online stores make move to high street
Despite reports of the decline of the high street, more online retailers are setting up branches for customers to visit......
AUDIO: National insurance scheme revised
Figures out today suggest take up of the government's National Insurance Contribution Holiday introduced in George Osborne's first budget is at a record low......
AUDIO: 'Public doesn't want franchise post offices'
Staff at some of the UK's largest post offices are taking industrial action in a growing dispute over closures, franchising, jobs and pay......
VIDEO: Can Nissan's electric car win sales?
Can Nissan persuade consumers that electric cars are the choice for the future, or are its electric dreams in danger of going flat?.....
VIDEO: Should Google pay for the internet?
David Reid looks at net neutrality, with one internet provider cutting off users from some Google content.....
VIDEO: WTO to announce new leader
The World Trade Organisation is expected to announce the winner of its leadership battle on Tuesday......
Online shops move into High Street
The enduring retail power of bricks and mortar.....
Microsoft's Windows 8 under fire
Microsoft faces claims that its operating system is a "failure".....
WTA tennis in business for 40 years
WTA serves up 40 years of tennis business.....
Making apps for not-so-smartphones
The developers exploiting the market for 'feature phone' apps.....
The Apprentice v the Law of Jante
Why Scandinavia wouldn't stand for Apprentice boasts.....
Healthcare CEO's find opportunity in ObamaCare
May 7 - As the business implications of ObamaCare sink in, healthcare CEO's are gearing up to get the most out of the new system. Bobbi Rebell reports......
U.S. Day Ahead: McDonald's sales could start healing
May 7 - Deutsche Bank says McDonalds sales should be better-than-expected in April. Meantime, analysts have been raising the price target on the stock......
FACTBOX: The price of Americas obesity epidemic
May 7 - New Jersey Governor Chris Christie underwent lap band surgery in February to lose weight ahead of a possible run for the White House in 2016 - a procedure that's become increasingly common in the U.S......
Unmanned attack plane passes carrier landing test
May 7 - The US Navy's first sea-based, unmanned attack aircraft has passed its first arrested landing test, ahead of sea trials expected later this month. Rob Muir has more......
Techquity: Einhorn praises Apple, another Microsoft revamp
May 7 - Hedge fund manager David Einhorn adds to his Apple stake while Microsoft prepares to modify Windows 8......
Breakingviews: Splitting JPMorgan's top job
May 7 - Breakingviews editors discuss the growing pressure to separate the bank's CEO and chairman roles and why doing so would be about good governance more than current boss Jamie Dimon......
Kodak pension deal was no snap decision
May 7 - The chair of Kodak's UK Pension Plan has defended criticism of an agreement by the camera firm to sell the fund its remaining non-core businesses. Steven Ross says it was 'by far the best settlement', even though it meant the pension plan agr.....
German stocks hit all-time high
May 7 - World shares hit their strongest in almost five years and Germany's Dax reaches an all-time high, as signals top central banks will remain supportive of growth continued to drive markets. Ivor Bennett reports.....
Trading at Noon: Media blitz: DirecTV, Discovery, Disney
May 7 - Earnings from cable giants filter in this week starting with DirecTV, Discovery and Disney today.....
Euro zone to speed up banking union
May 7 - Unemployment and banking union - two key areas which need to be addressed if the euro zone is to overcome its troubles any time soon. That's the view of many as a conference on the future of the euro zone takes place in Brussels. Joanna Partr.....
Disney set to take summer prize with Iron Man 3
May 7 - Iron Man 3 kicks off the Hollywood summer blockbuster season with well nearly two dozen high-profile flicks scheduled to hit the big screen between April and September, which of the studios are best positioned and most at risk? Conway G. Gitt.....
Tenet CEO looking to acquire more hospitals
May 7 - Tenet CEO Trevor Fetter says the company has been able to absorb costs of sequestration and will look to increase scale in areas where he already operates as well as to expand hospital purchases......
EMEA Day Ahead: IMF turns up the heat on Osborne
May 7 - Wednesdays key events. The IMF begins 2 weeks of UK talks, BoE MPC plus earnings......
Wealth Strategies: Nothing exciting on tech horizon-Hennessy
May 7 - Neil Hennessy, CIO of the Hennessy Funds, says he's avoiding tech stocks, because he doesn't see any new product on the horizon that consumers "have to have"......
U.S. Morning Call: Disney profit, forecast to see boost
May 7 - Walt Disney is expected to post higher profits thanks to stronger advertising at its ESPN network and the successful Wizard of Oz movie......
Market Pulse: Must own bank stocks? Buy British - IG
May 7 - If you have to own European bank stocks, HSBCs jump in earnings adds to signs British lenders are the best bet, and even RBS and Lloyds seeming to have turned a corner, says IGs Alastair McCaig......
Cashed-up Chinese moving more of their millions abroad
May 7 - With China's high net worth individuals moving from wealth creation to wealth preservation, a Bain study shows the siren call of overseas investments is stronger than ever. Jon Gordon reports......
Witness: For Imelda Marcos, the shoe must go on
May 7 - Known for her lavish lifestyle and marriage to a dictator, Imelda Marcos remains a force to be reckoned with at ballot boxes in the Philippines. Michaela Cabrera reports on her enduring appeal......
Breakingviews: Europe's banks looking pretty, so far...
Breakingviews......
Reuters Today: Draghis telling need to repeat himself
May 7 - More rate cuts could be on the cards in the euro zone after Mario Draghi feels the need to repeat hints about further action, and its a mixed outlook for bank earnings in Europe......
Daily Digit: SocGen unveils fresh cost cuts
May 7 - Societe Generale, France's No. 2 listed bank, is to cut 900 million euros ($1.18 billion) in costs over the next three years, after one-off charges and a weak domestic economy halved quarterly earnings. Hayley Platt reports.....
Disney set to take summer prize with Iron Man 3
May 6 - Iron Man 3 kicks off the Hollywood summer blockbuster season with well nearly two dozen high-profile flicks scheduled to hit the big screen between April and September, which of the studios are best positioned and most at risk? Conway G. Gitt.....
Apple boosts S&P 500 to record- again
May 6 - Summary of business headlines: Financials, Apple drive stocks to new records; Tyson blames chicken for beef drop; BMC's private equity deal; MBIA's $1.6 billion settlement. Bobbi Rebell reports......
U.S. Day Ahead: Disney profits to soar over 30%
May 6 - Walt Disney earnings are set to leap thanks to stronger ad sales at its TV and cable networks......
Sequestration will compromise ability for FDA to do its job
May 6 - Margaret Hamburg, chief of the Food & Drug Administration, says spending cuts associated with sequestration will make it harder for the FDA to conduct inspections and may lead to slower drug approval.....
Disney profits boosted by theme parks
Disney's theme parks and movie studio helped profits rise 32pc profit during the first three months of this year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba28b21/mf.gif' border='0'/><div class='mf-v.....
Gareth Bale plans to put 'heart' goal celebration on clothing after filing trademark
Tottenham star files trademark to put logo on shoes, bags and jewellery.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba24016/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr&g.....
Diageo's Paul Walsh hands over the keys to an impressive drinks cabinet
Of course, it's obvious now that Guinness doesn't mix well with Burger King and baking products.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba1b047/mf.gif' border='0'/><div class='mf-viral'><tabl.....
New Diageo boss will have a job to keep shareholders' glasses topped up
After 13 years, Paul Walsh is stepping down as Diageo CEO. Ivan Menezes has a hard act to follow.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba1f690/mf.gif' border='0'/><div class='mf-viral'><tab.....
Morrisons directors are refused bonuses and pay rises
Directors at Wm Morrison Supermarkets have missed out on bonuses, share awards and a salary increase after the retailer suffered a fall in sales and profits last year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Facebook names UK's Nicola Mendelsohn as head of European arm
Facebook has named British advertising chief Nicola Mendelsohn as head of its European operations, signalling its ambition to forge closer ties with the ad companies it relies on to keep it in business.<img width='1' height='1' src='http://telegra.....
WTO: Who is Roberto Azevedo?
Brazil's Roberto Carvalho de Azevedo, who looks set to be the next World Trade Organisation chief, is a respected career diplomat with broad experience in international economic and trade issues.<img width='1' height='1' src='http://telegraph.feed.....
What is the World Trade Organisation?
Brazil's Roberto Azevedo has beaten Mexican veteran Herminio Blanco in the race to become the new leader of the World Trade Organization, according to reports. Here, we take closer look at what the WTO does.<img width='1' height='1' src='http://te.....
CVC faces 10 hurdle in bid for Betfair
CVC would need to put around 10-a-share on the table to have a chance of buying Betfair, analysts said on Monday, as they reacted to an upbeat bid defence from the betting exchange group.<img width='1' height='1' src='http://telegraph.feedsportal......
Numis boosted by buoyant markets
The City stockbroker has been active in the IPO market this year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba0f50c/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><t.....
Brazil's Roberto Azevedo 'wins race to lead WTO'
Brazil's Roberto Azevedo has beaten Mexican veteran Herminio Blanco.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba0f251/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr>&l.....
Jamie Dimon should step down as JP Morgan chairman, says Glass Lewis
Shareholder advisory group Glass Lewis has called for Jamie Dimon's dual role as chairman and chief executive of JP Morgan to be split.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba0eec2/mf.gif' border='0'/&.....
FTSE 100 hits five-year high as global rally continues
Stock markets continued their global rally, hitting fresh records as Australia slashed borrowing costs to their lowest in half a century, reinforcing central bankers' commitment to more stimulus.<img width='1' height='1' src='http://telegraph.feed.....
Small investors 'unfairly excluded' from IPOs
With RBS and the Royal Mail expected to float, Peel Hunt report has called for the Government to ensure individual investors have chance to profit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba05a21/mf.gif' .....
Fund levels hit record at Prudential
Prudential has said its funds under management hit record levels in the first three months of the year as the insurer saw billions of pounds flow into its investment arm.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Cairn Energy joins search for black gold off Ireland in $85m deal
Oil explorer Cairn Energy has joined in the search for oil off Ireland in a deal worth an estimated $85m (55m) that will see it begin drilling next year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba05a26/mf.....
Complaints soar about 'new timeshares'
The European Consumer Centre says the number of complaints from Britons about "leisure credit schemes" has risen by 140pc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba05a2a/mf.gif' border='0'/><div cl.....
Sports Direct launches sports news service
Sports Direct, the retailer founded by the owner of Newcastle United Mike Ashley, has made the unlikely move into sports news by creating a new website.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba0541e/mf......
Business news and markets: as it happened, May 7, 2013
The IMF's Christine Lagarde has said the US government's debt reduction plans are too abrupt, including the $85 billion in federal budget cuts known as the sequester. She said that if current policies are maintained this year "the US economy would be.....
National Express reports good start to year, boosted by US buses
National Express, the listed transport company, said it was on track to meet its expectations for the year, despite its exposure to the eurozone.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ba05421/mf.gif' bo.....
British savers could face losses in eurozone bank stress tests
Uninsured depositors and bondholders in eurozone banks could face imposed losses following stress tests carried out before a "single-supervisory mechanism" headed by the European Central Bank begins work next June.<img width='1' height='1' src='ht.....
Business news and markets: live
A French politician dubbed eurogroup chief Jeroen Dijsselbloem an "optimistic undertaker" as he took questions in the European Parliament on the Cypriot bailout.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b9.....
Foreigners' state pensions: your questions answered
The Government wants to stop paying pensions to foreigners who have never paid tax. But many other people are affected by the changes. Are you among them?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b9f37bf/m.....
3D printing: the new, bottom-up industrial revolution
When Joseph Schumpeter described capitalism as a process of creative destruction more than 70 years ago, he couldn't have conceived of the miracle that is 3D printing.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Government needs to be clear on its tax message, says CBI
British companies are feeling "schizophrenic" as a result of mixed messaging from politicians over their tax affairs, according to the CBI.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b9f32b7/mf.gif' border='.....
