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Latest News - Charles Walmsley

Rathbones scraps £55bn Smith & Williamson merger plan

Rathbones has scrapped plans that would have seen it merge with Smith & Williamson to become a £55 billion asset management business.

Consumers trust banks over pensions, survey finds

Consumers are more likely to trust banks than pensions a Which? survey has found.

Regulator warns lenders about post-retirement mortgage risks

Increased mortgage terms need to consider post-retirement income and repayment says Bank of England's Sam Woods.

New pensions minister to oversee guidance body

The new minister in charge of pensions will be responsible for the creation of a single financial guidance body.

Election 2017: Voting opens as final polls point to Tory win

Final polls point to Conservative victory as voting opens in the general election.

JP Morgan: May defeat will be good news for the pound

A defeat for Theresa May in next month's general election could improve the outlook for the pound, according to analysts at JP Morgan.