Neil Woodford sells all his HSBC stock due to 'fine inflation'

One of the UK's best-known investors has sold all his stock in HSBC, warning that "fine inflation" means the bank is too risky an investment.

RBS warns of risks of foreign exchange inquiry and Scottish independence

Royal Bank of Scotland has warned that the ongoing investigation into potential manipulation of the foreign exchange markets could hit profits.

Bank of England launches inquiry into forex manipulation claims

The Bank of England has launched an internal inquiry into allegations that its officials endorsed sharing of information between traders in the foreign exchange market, the central bank's deputy governor told MPs.

Euro on pace for worst month against dollar since December

NEW YORK: The euro slid against the dollar on Monday and was on track for its worst month since December, pressured by nagging euro zone stresses as German retail sales were softer than expected and Spain slipped back into recession.