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Swiss Re’s better than expected profits for 2007, prompted relief among investors that the SFr1.2bn ($1.15bn) hit on credit underwriting activities suffered last November remains a one-off

Northern Rock may have the edge over every other bank in the country, but savers are still steering clear

Grandparents making payments into a pension on behalf of a grandchild will need to put in more money from April in order to keep the contribution the same as last year

Investors who believe sterling will weaken further this year are on the hunt for overseas opportunities enabling them to lock into strengthening currencies. Wealth managers say UK-based clients are buying into equities, bonds and property denominated in currencies other than sterling.

Property developers trawling for space to build on are pursuing homeowners in the hope they will sell off their gardens

Life assurance companies are competing with successful fund platforms to gain their own slice of the market in self-invested personal pension plans (Sipps), but advisers say not all products are being targeted at the right customers

The London-based investment bank, said it was no longer in talks about a possible takeover, sending its shares plunging

The average homebuyer has seen their stamp duty bill soar by more than 60% during the past five years to reach nearly £2,000 in 2007, research showed today

The Chinese bank, in which Citigroup has a stake, announced a sharp increase in its dividend in a bid to win support for a scaled back but still huge issue of new equity

American International Group joined the list of the biggest losers from the credit crisis by announcing almost $15bn of writedowns and losses related to subprime mortgage exposure