Fund managers face living wills threat from Brussels
Key EU policymaker calls for assessment of whether big asset managers should be deemed systemically important.....
Mind the gap: US M&A leaves Europe trailing
A twin-speed market is emerging as the gulf between deals targeting Europe and the US hits a 15-year high.....
Nomuras cash equities team plays musical chairs
Just months after relocating to the bank's Canary Wharf base, the new group is heading back to central London.....
Bond sell-off accentuated by dearth of marketmakers
Record outflows from bond funds are exacerbated by banks' unwillingness and inability to lend, fund managers say.....
Prince Charles talks sustainability with finance chiefs
Senior figures from asset managers, pension funds and companies met at St James's Palace to discuss environmental and social issues.....
Lazard veterans target European restructurings
New investment firm will focus on mid-cap companies, mainly in Southern Europe.....
Italy draws up radical bond reforms
Draft decree proposes creation of a centrally-run credit fund to buy SME company bonds.....
db X-trackers in US growth push
Deutsche Bank ETF unit aims to nearly double its US-listed products in 12-months.....
Custody heads launch Asia advisory firm
Ex-JP Morgan and Standard Chartered duo will target finance companies.....
Exane BNP Paribas plots electronic trading launch
French broker's move follows a string of recent hires.....
Icap appoints global head to lead its indices push
Interdealer broker aims to double its suite of benchmark products.....
Coal mines seek pension rescue deal
A large part of the UK's remaining coal mining industry is expected to be taken over by the state-established Pension Protection Fund, the BBC understands......
UK manufacturing at two-year high
UK manufacturing saw its strongest growth in two years in June, according to a survey, boosting hopes of a strengthening economic recovery......
Struggling Zynga appoints Xbox boss
Zynga's founder Mark Pincus steps down from the struggling social gaming company, to be replaced by key Microsoft executive Don Mattrick......
EU: Banks colluded over derivatives
Big banks colluded to stop financial exchanges competing in a profitable derivatives market, an investigation by EU authorities claims......
Portugal's finance minister quits
Portugal's Finance Minister Vitor Gaspar has resigned, the president's office announces......
Vatican bank chief and deputy resign
The director and deputy director of the Vatican bank resign following the arrest of a senior Italian cleric over corruption and fraud allegations......
Union rejects Royal Mail pay rise
The union that represents postal workers rejects a proposed 8.6% pay increase from Royal Mail, amid privatisation plans......
Piano maker Steinway sold for $438m
Steinway Musical Instruments, maker of famous pianos, agrees to be bought for $438m by private equity firm Kohlberg & Co......
US manufacturing in June bounce-back
US manufacturing recovered in June from an unexpected dip the previous month, an industry survey indicates......
Energy plans to benefit customers
ScottishPower and SSE announce plans which could see 2,500 new jobs created and lower prices for customers......
Whisky group's profits increase
Glasgow-based whisky and rum distiller Edrington is reporting that its turnover and profits rose during the past financial year......
Payday lenders could face advert ban
Payday loan companies could face tougher restrictions on where, and how, they are allowed to advertise......
Spying row threatens EU-US talks
The French president warns that there can be no negotiations over a major US-EU trade deal unless Washington gives guarantees on spying......
Carney takes over as new Bank chief
Mark Carney officially takes over as head of the UK's central bank, replacing Sir Mervyn King as governor of the Bank of England......
Spain manufacturing 'stable' in June
Spain's declining manufacturing sector appears to stabilise in June, meanwhile eurozone unemployment remains at a record high......
Mobile phone 'roaming' costs to fall
The cost of using a mobile phone in another European Union country will fall again on Monday, as new regulatory limits come into force......
Cupid report finds no fake profiles
An independent report has cleared online dating firm Cupid of creating false profiles in order to boost business, the company says......
Mortgage approvals continue recovery
More mortgages are being approved than at any time in the past three and a half years, according to latest figures from the Bank of England......
Marriage tax break plan 'due soon'
David Cameron says the government will bring forward proposals for a transferable tax allowance for married couples and civil partners "shortly"......
Benefit changes 'worse than feared'
The consequences of the housing benefit cut introduced in April are worse than feared, according to the National Housing Federation......
Croatia celebrates on joining EU
Croatia becomes the 28th member of the European Union after a decade of negotiations, with thousands joining celebrations across the country......
China manufacturing growth slows
China reports a slowdown in growth of its manufacturing sector, underlining concerns that its economic recovery remains fragile......
Japan's business mood turns positive
Japanese manufacturers' sentiment turns positive for the first time in nearly two years, the Bank of Japan's Tankan survey indicates......
Brazil clashes during Rio cup final
Protesters in Brazil clash with police during the Confederations Cup final in Rio de Janeiro, which sees the host nation beat Spain 3-0......
VIDEO: Britain 'under attack' in cyberspace
Britain is seeing about 70 sophisticated cyber espionage operations a month against government or industry networks, British intelligence tells BBC......
VIDEO: Mobile phone roaming costs fall
The cost of using a mobile phone in another European Union country has been reduced......
VIDEO: Carney takes over at Bank of England
Mark Carney has started work in his new role as governor of the Bank of England......
VIDEO: Stricter rules for payday lenders
Payday loan companies could face tougher restrictions on where, and how, they are allowed to advertise......
AUDIO: Proposed marriage tax 'out of date'
Supporters and opponents debate the government's plans for a transferable tax allowance for married couples and civil partners......
VIDEO: Hong Kong shops try to woo protesters
With tens of thousands of people expected protest in Hong Kong, retailers are hoping some of them are enticed into the shops.....
VIDEO: Cost of using mobile abroad to drop
From Monday mobile phone operators are being forced to bring their so-called roaming charges down across Europe......
Mark Carney: The 'film star' banker
The Clooney lookalike taking over the Bank of England.....
Mark Carney: A stranger in a foreign land?
What can we expect from Mr Carney?.....
The boss who aims to hit the right note
What jazz music can teach you about being a successful boss.....
Made in the USA?
Can China save America's middle class?.....
Why China loves to build copycat towns
Why the craze for building copycat towns?.....
U.S. Day Ahead: Fed votes on bank capital
July 1 - The Federal Reserve is expected to vote on plans to boost U.S. banks' required capital. And two Fedsters on the road speaking: Fed Gov Jerome Powell and NY Fed president William Dudley......
Techquity: Analysts praise Apple, see Pandora like Netflix
Jul 1 - Analysts praise, raise ratings on Apple. Plus, how one sees Pandora as similar to Netflix......
Mobile important part of buying local TV stations- Adgate
July 1 - Tribune and other buyers of local TV stations are focused on advertising growth in mobile- where younger viewers watch- says Horizon Media's Brad Adgate. Bobbi Rebell reports......
Croatia joins EU but at a cost
July 1 - As Croatia becomes the 28th member of the European Union Hayley Platt looks at what lies in store for the country and how membership has gone down with Croatians and their neighbours......
Can Carney save the British economy?
July 1 - Former Canadian central banker Mark Carney takes the reigns at the Bank of England, the first foreign governor in the bank's history. Expectations are high, but as Ivor Bennett reports, he'll have his work cut out......
Breakingviews: Drugged up on M&A
July 1 - Richard Beales talks to Rob Cyran about Onyxs search for a buyer and why the cancer drug maker was right to reject Amgens $10 bln hostile bid......
Daily Digit: Student loan rate doubles to 6.8 pct
July 1 - The rate on new federal student loans doubled on July 1st to 6.8 percent but lawmakers could bring a reprieve. Conway G. Gittens reports......
Trading at Noon: Tribune now biggest U.S. TV broadcaster
July 1 - Tribune acquires 19 tv stations from Local TV for $2.73B in cash, making it the largest TV broadcaster in the U.S......
Spy row threat to EU-U.S. trade deal
July 1 - The biggest bilateral trade deal in history is at stake as controversy over whether Washington has spied on its European allies continues. Sonia Legg reports.....
Onyx shuts down $10 bln offer
July 1 - Cancer drugmaker Onyx Pharmaceutical is rejecting a $10 billion takeover offer from Amgen- saying while it will sell- it's worth more. Bobbi Rebell reports......
Europe Day Ahead: Inflation, Egypt-watch, day 2 for Carney
July 1 - Day 2 for new BoE boss Mark Carney. UK construction PMI hot on the heels of today's sizzling manufacturing report, plus Euro zone producer prices the main data points. And more Egypt protests likely......
Banks in the dock over CDS
July 1 - The European Commission is charging 13 banks, Markit and ISDA with restricting competition in the CDS market. Breakingviews columnist Dominic Elliott tells us what it means for the lenders......
Wealth Strategies: Fund outflows won't continue in Q3
Jul 1 - Lipper's Tom Roseen says market volatility has been responsible for the large outflows from stock and bond funds in June, but expects appetite for stocks, especially international funds, to pick up......
U.S. Morning Call: Apple wants 'iWatch' trademark in Japan
Apple has applied for a trademark for "iWatch" in Japan, signaling the company may be moving ahead with plans for a watch-like device......
ROUGH CUT: Egypt protests
July 1 - Egypt erupted in the biggest protests since the 2011 revolution on Sunday. Violence continues today as millions of Egyptians demonstrate their anger at President Mohamed Musi, a year into his rule......
Market Pulse: UK data offers a boost for new BoE man Carney
July 1 - Britain's strongest manufacturing in 2 years, the most mortgage approvals in 4.5 years ... and London bathed in sunshine. Not every day will be like this for new BoE governor Mark Carney, right?.....
Breakingviews: Nokia gets options on Siemens buyout
July 1 - Nokia buys Siemens out of their joint venture for a bargain 1.7 bln. This deal will shore Nokia up while it struggles with smartphones, argues Breakingviews......
New face of the 10 note: Splashers & Savers
July 1 - Mark Carneys first job is choosing wholl grace the new 10 note. Mervyn King might favour Jane Austen, but which of the women-only candidates managed their money the wisest? Amy Gardner reports......
Reuters on the Road: Trunki in the Taxi
July 1 - Trunki founder Rob Law takes the taxi challenge to tell us about his global expansion plans for ride-on suitcases......
Croatia and EU tie the knot, but don't expect a honeymoon
July 1 - Croatia has become the 28th member of the European Union. But the country is mired in recession, with one in five unemployed, so don't expect an immediate boost, argues the EBRD......
Reuters Today: Is that it for China? Plus, welcome Guv!
July 1 - China factory data keeps investors on edge ahead of PMIs from the euro zone and the U.S. Plus, Mark Carney takes over as head of Bank of England......
Daily Digit: Greece bailout talks resume
July 1 - Greece and its international lenders are due to resume talks to unlock 8.1 billion euros ($10.5 billion) of rescue loans after a two-week break during which the government almost collapsed over redundancies at state broadcaster ERT. Hayley P.....
Researchers project the future of smart phones
June 30 - Researchers at the University of Tokyo are developing indoor projection technology that incorporates a sense of touch for interactive devices of the future. The system emits ultrasonic waves to generate pressure a user can feel and could on.....
Markets need clarity on Fed intentions: Carlyle's Rubenstein
Breakingviews Editor Rob Cox at the Aspen Ideas Festival......
Government 'to ask Rothschild to advise on RBS split'
The Government is this week expected to ask Rothschild to advise it on separating RBS into a good bank and bad bank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0f8dee/mf.gif' border='0'/><div class='m.....
Undercover Boss, Channel 4, review
Adrian Michaels reviews Undercover Boss, in which the head of courier firm DHL made some unsettling discoveries about his business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0f8a69/mf.gif' border='0'/>&.....
Xbox chief Don Mattrick joins Zynga as CEO
Zynga's spectacular fall from grace over the past 18 months has finally toppled Mark Pincus as chief executive of the gaming company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0f4e89/mf.gif' border='0'/>.....
After 80 years, Diageo calls time on prohibition laws
The prohibition era might have come to an end in the Thirties, but its fingerprints can still be seen across much of America.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0f7dc4/mf.gif' border='0'/><div.....
Xbox chief Don Mattrick could join Zynga as CEO
Shares in Zynga jumped more than 10pc on Monday, fuelled by reports that the head of Microsoft's Xbox console division could replace Mark Pincus as chief executive of the ailing games maker.<img width='1' height='1' src='http://telegraph.feedsport.....
Clock is ticking for banks to get to grips with anti-money-laundering rules
Regulators and prosecutors may soon lose patience over anti-money-laundering rules.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0f7dc6/mf.gif' border='0'/><div class='mf-viral'><table border='0'&.....
Obsolete before it's even law, the energy bill has proved a dismal failure
Well, there's a relief. Ed Davey, the Energy Secretary, says we don't have to worry about the lights going off when Britain decommissions its ageing electricity generating capacity because he has got "a plan" - presumably a cunning one - to ensure th.....
Pension fund set to take over UK Coal
Rescue of UK Coal aimed at safeguarding 2,000 jobs and pensions of 6,800 retired workers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0e5312/mf.gif' border='0'/><div class='mf-viral'><table borde.....
Monitise excites with mobile deal
The Aim-listed group unveiled a partnership with Spain's Telefonica.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0eb963/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr>&l.....
Major banks still involved in money laundering, says top regulator
Britain's major banks remain vulnerable to being used to fund terrorism and money laundering by criminal gangs, despite being fined billions of pounds in recent years for failing to crackdown on illegal financing.<img width='1' height='1' src='htt.....
Major banks still vulnerable to money laundering, says top regulator
Britain's major banks remain vulnerable to being used to fund terrorism and money laundering by criminal gangs, despite being fined billions of pounds in recent years for failing to crackdown on illegal financing.<img width='1' height='1' src='htt.....
Firms using asset-based loans get complaints service
Around 40,000 small businesses which use invoice and asset-based lending to raise finance have been given a new complaints service as the industry implements self-regulation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Union slam Royal Mail over "unacceptable" pay offer
A Royal Mail offer of an 8.6pc pay rise over three years for 125,000 frontline staff has been rejected as "misleading and unacceptable" by union chiefs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0d8d96/mf......
FSB: Export agency could help small firms take plunge
Proposals for the creation of a specialised agency to help small businesses make a bigger contribution to the economy by encouraging more of them to enter the export market have been submitted to the Government.<img width='1' height='1' src='http:.....
Birth of the IHT-free Isas as ban on Aim shares is lifted
Isas, currently tax-free in life but not in death, will be available without inheritance tax liability when Aim-listed shares become eligible in the autumn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0dcf55.....
Birth of the IHT-free Isa as ban on Aim shares is lifted
Isas, currently tax-free in life but not in death, will be available without inheritance tax liability when Aim-listed shares become eligible in the autumn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0d8d99.....
Portugal's Finance Minister Vitor Gaspar resigns
Portugal's Finance Minister Vitor Gaspar, the architect of the country's 78bn bailout plan, has resigned and will be replaced by the country's treasury secretary, the president's office said.<img width='1' height='1' src='http://telegraph.feedspor.....
Piano maker Steinway to be bought by Kohlberg & Co for 287m
Steinway, whose pianos are played by Lang Lang, has been bought by a private equity firm.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0ccc46/mf.gif' border='0'/><div class='mf-viral'><table borde.....
Business news and markets: as it happened - July 1, 2013
European and IMF debt inspectors return to Athens today to complete an audit suddenly suspended last month.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0cf4b1/mf.gif' border='0'/><div class='mf-viral'&.....
Business news and markets: live
European and IMF debt inspectors return to Athens today to complete an audit suddenly suspended last month.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e05c005/mf.gif' border='0'/><div class='mf-viral'&.....
Money MoT: new five-year savings bond pays 2.9pc
Shawbrook Bank is offering savers a competitive 2.9pc rate on its new five-year fixed-rate bond.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0ce60d/mf.gif' border='0'/><div class='mf-viral'><tabl.....
Payday lenders face advertising ban
Payday lenders could face similar advertising restrictions as cigarette companies, say regulators at Government summit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0e54ca/mf.gif' border='0'/><div class.....
New BoE Governor 'excited' about first day
The new governor of the Bank of England, Mark Carney, arrives for his first Monetary Policy Committee briefing.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0ce611/mf.gif' border='0'/><div class='mf-vir.....
Viscount Rothermere strenghtens hold on DMGT
Viscount Rothermere, the chairman of the Daily Mail and General Trust, has struck a deal to increase his voting stake in the group, as he seeks to tighten his grip on the company his family founded.<img width='1' height='1' src='http://telegraph.f.....
Mark Carney: First Day as BoE Governor - in pictures
Mark Carney's first day as Governor of the Bank of England began with a ride on the Underground.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e0b78f0/mf.gif' border='0'/><div class='mf-viral'><tabl.....
