Retail investors in the Co-operative Bank have heavily criticised it for keeping them in the dark about the terms of a controversial rescue deal that will see them forced to exchange their bonds for equity in the bank. Earlier this week, the bank published its half-year results in which it posted a £709m loss, driven […]
Scottish Provident paid out 91 per cent of its critical illness claims in the first six months of 2013, down slightly from 93 per cent in the first half of 2012.
Skipton Building Society has removed a restriction that would previously see it reject an application from a borrower who wanted to purchase a flat in a building more than five stories tall. Previously, only flats within buildings of five stories or under and which contain 48 units or less were allowed. However, this restriction has […]
MPs have given the Serious Organised Crime Agency seven days to decide whether to publish a secret list of around 100 City companies who hired rogue private detectives, or MPs will publish the list themselves.
Thomas Smith, manager of the Neptune Latin America Fund Latin American equities have performed strongly so far in 2016, returning 27 per cent in sterling terms. Much of this move has been driven by newsflow from Brazil, with markets reacting positively to the government voting to impeach President Dilma Rousseff and on the hope of […]
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