Edition:
United Kingdom

Simon Jessop

Making sense of chaos? Algos scour social media for clues to crypto moves

3:10pm BST

LONDON After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over a year - but few people could convincingly explain why.

Activist hedge fund Elliott takes stake in UK's Saga

12:35pm BST

Activist investor Elliott has disclosed a stake in Saga Plc less than a month after the specialist tourism and insurance firm warned discounting was hurting its tours business.

Deutsche Bank in wealth management hiring spree

01 Jul 2019

LONDON Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part of a plan to bulk up in areas the German lender hopes will bring steadier revenue streams.

Listed Woodford fund plans overhaul as feels shareholder heat

28 Jun 2019

LONDON The listed investment fund of embattled British money manager Neil Woodford plans to cut debt and bolster its board after pressure from shareholders spooked by a steep slide in its share price.

Policymakers turn up heat on Woodford after fund suspension

27 Jun 2019

LONDON Bank of England Governor Mark Carney on Wednesday said illiquid funds that allow savers to take money out at will were "built on a lie", in the latest criticism of British investment guru Neil Woodford's management of his suspended flagship fund.

Exclusive: Investors with $34 trillion demand urgent climate change action

26 Jun 2019

LONDON Investors managing more than $34 trillion (£27 trillion) in assets, nearly half the world's invested capital, are demanding urgent action from governments on climate change, piling pressure on leaders of the world's 20 biggest economies meeting this week. | Video

Natixis' H2O sells some illiquid debt to try to staunch outflows

24 Jun 2019

PARIS/LONDON H2O, one of French bank Natixis' asset management businesses, has sold off some illiquid assets and removed entry fees across its funds as it tries to stem outflows of customer money.

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