A new system to overhaul insider trading investigations is due to be agreed as early as this week in the latest response from US regulators to growing concerns about the extent of illegal activity on global markets
The growing sophistication of investors, the surge in electronic trading and the use of overseas accounts to trade US stocks means investigators charged with detecting market abuse have to constantly adapt their strategies
Fears of a systemic financial crisis in Iceland have dissipated after the country’s three main banks announced second-quarter results showing that they are suffering amid the downturn – but not too badly
Union Bank of India, a mid-sized state-owned lender, has plans to expand into investment banking to tap a growing global market in which increasingly aggressive Indian companies are acquiring foreign rivals
Companies across Europe have begun to cut jobs, scale back production and reduce hiring to slash costs as they brace for a recession or sharp economic slowdown at the end of the year
Kuwait is planning to ‘double or triple’ its investment in Japan, in a move that could take its total commitment to $50bn, according to Mustapha al-Shamali, the Gulf state’s finance minister
KBC Peel Hunt and Seymour Pierce have become the largest Aim stockbrokers by number of clients after former market leader Collins Stewart lost 11 clients
Consolidation among Germany’s state-owned landesbanken would risk being a ‘disaster’ if a rush to create larger institutions outweighed business logic, the head of the biggest bank in the sector has warned
Glyn Jones, former chief executive of investment managers Gartmore, is stepping up to chair Hermes, the manager of UK’s largest pension fund.
US companies that fear unwanted takeovers are increasingly counting derivatives as beneficial share ownership when they install “poison pill” anti-takeover devices