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Ansbacher to sell wealth management divisions

18:39 | 06 Jan 2009 | By Sara Smith

Citywire undertands that Ansbacher Group has put its London and Channel Islands based wealth management operations up for sale.

Closing Market: FTSE higher again as retailers push ahead

17:18 | 06 Jan 2009 | By Deborah Hyde

Retailers post sharp gains, pushing the FTSE nearly 60 points higher.

Jupiter's Gibbs remains cautious but eyes insurance sector

16:15 | 06 Jan 2009 | By Matthew Goodburn

Jupiter's financials veteran Philip Gibbs is eyeing selective opportunities in the insurance sector despite his continuing bearish stance on the outlook for global financials.

BA traffic down again but company confident of hitting estimates

16:10 | 06 Jan 2009 | By Nicholas Paler

Premium traffic worst affected as rival Ryanair grows passenger numbers.

Is the boom over for supermarkets?

15:18 | 06 Jan 2009 | By Deborah Hyde

Ahead of Sainsbury's update on Thursday, some analysts are suggesting this may be as good as it gets for food retailers.

Video Comment: What the Next and Debenhams results mean

12:50 | 06 Jan 2009 | By Deborah Hyde

Next and Debenhams sent retail stocks soaring earlier today after performing better than feared, but what do their numbers tell us about the state of the high street?

Eurozone inflation falls to two year low

12:47 | 06 Jan 2009 | By Chris Marshall

Inflation in the Eurozone is estimated to have dropped to 1.6% in December - its lowest level in two years, data showed today.

Midday Market: FTSE rising as investors cheer better than expected retail numbers

12:31 | 06 Jan 2009 | By Nicholas Paler

High street resilience provides boost for UK shares.

McCann ends 26-year Merrill Lynch stint

11:55 | 06 Jan 2009 | By Sara Smith

Merrill Lynch's head of global wealth management, Bob McCann, is leaving the firm voluntarily after 26 years at the company.

Ingenious hires Oldham and Todd from Taylor Young

11:43 | 06 Jan 2009 | By David Campbell

Ingenious Asset Management has recruited Philip Todd and James Oldham, both previously of Taylor Young Investment Management, to serve as investment directors.

Former Singer & Friedlander boss joins Collins Stewart

10:26 | 06 Jan 2009 | By Danielle Levy

Collins Stewart Wealth Management has appointed former Singer & Friedlander boss Richard Stanley as investment director for its Isle of Man office.

UK services sector remains near record lows

10:20 | 06 Jan 2009 | By Nicholas Paler

Activity improves slightly month on month, but employment levels falling at record pace.

Morning Market: upbeat retailers give markets a boost

09:46 | 06 Jan 2009 | By Deborah Hyde

UK shares ticked higher in morning deals as Next, Debenhams and Dunelm all issued reassuring updates.

Killik offers advisory clients greater access to company materials

09:46 | 06 Jan 2009 | By Drazen Jorgic

Paul Killik, a senior partner at the wealth management group,  believes the improvement in direct communication from companies will enhance shareholder democracy.

Private clients hammered by bear market

09:01 | 06 Jan 2009 | By Dylan Lobo

The iron grip of the bear market has wiped out all private client returns above cash in the last five years, according to the latest estimates from Asset Risk Consultants (ARC).

Debenhams' upbeat statement sends shares soaring over 30%

08:57 | 06 Jan 2009 | By Nicholas Paler

Retailer announces profits and earnings are up despite the downturn in UK consumer spending.

Next sees tills ringing in 2009 thanks to rising disposable income

08:46 | 06 Jan 2009 | By Deborah Hyde

Next remains confident it will meet City forecasts after resilient sales performance and thanks to rigid price controls.

HSBC launches Luxembourg GEM range into UK

08:30 | 06 Jan 2009 | By David Campbell

HSBC Global Asset Management has significantly increased its UK retail clout with the launch of its 10-strong global emerging markets SICAV range on the Cofunds platform.

House prices dip another 2.5% in December

08:28 | 06 Jan 2009 | By Chris Marshall

House prices ended the year with another sharp drop, according to Nationwide. The building society will not predict what will happen in 2009.

Tuesday's Other News Items: House prices fall 15.9%

07:46 | 06 Jan 2009

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