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Rich hoard cash as their wealth hits record high


The amount of individuals that hold more than $30 million in assets has climbed to a new record in 2014, according to a global survey on Wednesday, which also warned that a lack of diversification meant that this wealth is not protected from shocks to the financial system.

ANZ suspends seven traders

Leap Of Faith

ANZ, one of Australia's biggest banks, has suspended seven traders as part of an inquiry into the potential rigging of key interbank interest rates.

ICAP in talks to combine shipping company with Howe Robinson

Business Hand Shake

ICAP, a leading markets operator and provider of post trade risk mitigation and information services, has announced that it is in discussions to combine ICAP Shipping with Howe Robinson, the leading ship-broking group to create one of the world’s leading businesses in the sector.