News and comment

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Citywire Investment News

• FSA: four risks for advisers in run-up to RDR
  Wed, 10 Mar 2010 15:40:44 GMT
  The Financial Services Authority has highlighted four areas, including quality of advice and governance, it says advisers should focus on during the upheaval of the next two years.
  

• High Court orders wind-up of Cru Investment Management
  Wed, 10 Mar 2010 15:38:50 GMT
  The High Court has ordered the winding-up of Cru Investment Management, which marketed the six Arch Cru funds.
  

• Bramdean Alternatives proposes pure private equity remit
  Wed, 10 Mar 2010 14:42:29 GMT
  The board of Bramdean Alternatives is proposing to change the trust's name to Aberdeen Private Equity and to give it a pure private equity fund investment remit
  

• Five reasons why insurers are better investments than banks
  Wed, 10 Mar 2010 14:38:05 GMT
  Stronger than hoped for results from Standard Life have shown again why insurers are better investments than banks.
  

BBC News

• Apology for women raped by father
  Wed, 10 Mar 2010 16:54:59 GMT
  Two women raped by their father over 25 years - bearing nine of his children - are given an apology by authorities.
  

• Biden steps up pressure on Israel
  Wed, 10 Mar 2010 16:45:45 GMT
  The US vice-president renews criticism of Israel over an East Jerusalem building project and urges bold steps to peace.
  

• Body found in missing mother hunt
  Wed, 10 Mar 2010 16:16:33 GMT
  Police searching for a Dundee mother who went missing two weeks ago say they have found a body.
  

• Kidnapped boy's father back in UK
  Wed, 10 Mar 2010 16:03:45 GMT
  The father of a British boy kidnapped in Pakistan has returned home against police wishes, the BBC learns.
  

BBC Business News

• Warning on packaged bank accounts
  Wed, 10 Mar 2010 16:52:55 GMT
  Bank accounts which charge fees for extra benefits such as insurance may be being mis-sold, the Financial Services Authority has warned.
  

• Banks face harsher stress tests
  Wed, 10 Mar 2010 16:47:20 GMT
  Further stress-testing of UK banks will take place to ensure they can survive a 'double-dip' recession, regulators say.
  

• BA strike action talks continuing
  Wed, 10 Mar 2010 16:35:36 GMT
  Talks aimed at averting strike action by BA cabin crew are continuing at the TUC, after a deadline was extended.
  

• EU rule change 'may cut red tape'
  Wed, 10 Mar 2010 15:37:20 GMT
  Small firms may be exempted from having to draw up and lodge annual accounts, after MEPs approve changes to European Union rules.
  

Citywire News

• Five reasons why insurers are better investments than banks
  Wed, 10 Mar 2010 14:38:05 GMT
  Stronger than hoped for results from Standard Life have shown again why insurers are better investments than banks.
  

• Online banking fraud up by 14% amid wave of 'phishing' attacks
  Wed, 10 Mar 2010 14:01:33 GMT
  Online banking fraud rose by 14% to £60m in 2009, while card fraud dropped for the first time in three years.
  

• Ten years after the tech bubble burst, the sector now looks cheap
  Wed, 10 Mar 2010 12:07:57 GMT
  Tech is still only trading on a multiple of 1.1x the market - despite an anticipated MA boom as the new cycle of technology kicks in.
  

• The economy is not yet out of danger, Gordon Brown warns
  Wed, 10 Mar 2010 11:49:21 GMT
  You can trust me, prime minister says, as he unveils a pay freeze for doctors, dentists, and hospital consultants.
  

FT.com - Financial Markets News

• Stocks edge higher on hopes for global economy
  Wed, 10 Mar 2010 16:47:57 GMT
  Global Markets Overview: FTSE All-World index remains becalmed near six-week highs, with stock investors reluctant to push riskier assets higher without a fresh catalyst
  

• Debunking the myth of a China collapse
  Wed, 10 Mar 2010 15:48:11 GMT
  Global sentiment towards China?s economy and asset markets has turned from exuberance just a few months ago to overriding concern about the side-effects of last year?s remarkable credit growth, writes Jing Ulrich
  

• Wall Street rises on bank deal speculation
  Wed, 10 Mar 2010 15:43:30 GMT
  Ten years to the day after the Nasdaq reached its all-time peak, US stocks posted decent gains at the opening bell ? but lacked a positive driver to send them higher
  

• London mid-cap market enlivened by bid hopes
  Wed, 10 Mar 2010 14:26:37 GMT
  Tullett Prebon raced to the top of the mid-cap FTSE 250 index on Wednesday, while Barrett was also boosted on the back of bid speculation
  

FT.com - Equities

• Wall Street rises on bank deal speculation
  Wed, 10 Mar 2010 15:43:30 +0000
  Ten years to the day after the Nasdaq reached its all-time peak, US stocks posted decent gains at the opening bell ? but lacked a positive driver to send them higher
  

• London mid-cap market enlivened by bid hopes
  Wed, 10 Mar 2010 14:26:37 +0000
  Tullett Prebon raced to the top of the mid-cap FTSE 250 index on Wednesday, while Barrett was also boosted on the back of bid speculation
  

• Industrial and chemical stocks gain in flat trade
  Wed, 10 Mar 2010 12:49:25 +0000
  A strong performance by industrial and chemical stocks failed to lift European shares higher on Wednesday
  

• Nikkei flat as machine stocks gain
  Wed, 10 Mar 2010 09:08:01 +0000
  The Tokyo exchange remains flat, with better-than-expected machinery orders helping to offset a drop for embattled carmaker Toyota after an incident involving a Prius in the US
  

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