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FT.com news
January brings surge of new cash into ETFs
Goldman Sachs cuts chief executive's bonus
Volatility and weaker client trading hit Investec
New York Fed weighs fresh securities auction
I & B news
FT.com - Financials
January brings surge of new cash into ETFs
Global net new inflows into ETFs reached $35.8bn last month, compared with $14.2bn in January 2011, according to preliminary data from BlackRock
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Goldman Sachs cuts chief executive's bonus
Executive compensation has become a thorny issue for banks which have cut jobs or been given state aid
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Volatility and weaker client trading hit Investec
The South African banking group says that troubled markets had pulled its operating profit down by more than 5% in the nine months to December
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New York Fed weighs fresh securities auction
Decision due in days on whether to sell bundled mortgage securities acquired during the AIG bail-out after successful Maiden Lane sale
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Carlyle removes class-action clause
Group backs down after legal strategy provokes letter from senators amid opposition from investors and corporate governance activists
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Old Mutual to pay £1bn special dividend
Almost half of the proceeds from the sale of the Anglo-South African group's Nordic businesses will fund a payment of 18p a share
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Church of England doubles hedge fund investments
Anglican portfolio now among biggest investors despite public anger about excess in industry notorious for eye-watering pay packages
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ETFs: engine trouble
The fall in volumes should not deter regulators from getting a better grip on these products, particularly the synthetic variety
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New York sues banks over home seizures
The state sues three lenders over their use of a national private electronic mortgage registry, accusing them of illegal home seizures
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Our burn-a-banker frenzy is tempting ? but wrong
Mr Goodwin may have been an egregious example of bad banking but he was hardly alone in causing the credit crunch, writes Martin Dickson
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