Morningstar: Force to be reckoned with

02 Jul 2014, Chicago, Illinois, USA --- Bill Gross, co-founder and co-chief investment officer of Pacific Investment Management Company (PIMCO), speaks at the Morningstar Investment Conference in Chicago, Illinois, in this June 19, 2014 file photo. Gross' Pimco Total Return Fund, the world's largest bond fund, posted $4.5 billion in net outflows in June, marking its 14th straight month of investor withdrawals despite improving performance, Morningstar data showed on July 2, 2014. REUTERS/Jim Young/Files (UNITED STATES - Tags: BUSINESS) --- Image by © JIM YOUNG/Reuters/Corbis

The research firm’s rating system gives it great power to influence the $30tn mutual fund industry

BofA to pay $16.65bn in mortgage case

Bank tries to put legal woes behind it with record settlement

©Winni Wintermeyer

Banks bypassed by intellectual capital

Silicon Valley deals are not based on factors that bankers can model, writes Felix Salmon

Challenge to lift BofA revenues after fines

Bank chief must plot new course as crisis-era litigation ends

Vision Capital eyes IPO for BrightHouse

Rothschild to examine options for ‘rent-to-own’ retailer

MPC rebels break ranks

Dissident duo are dangerously close to the real economy

Goldman gives junior bankers 20% pay rise

US move comes in battle to attract and retain young graduates

US hedge funds seek European success

So-called activist investors look for overseas opportunities

Calm force during Goldman’s darkest hours

James Schiro, ‘Brooklyn guy’ who led PwC

Berkshire fined $1m over stakebuilding

Warren Buffett’s company allegedly breached reporting requirements

Norway oil fund to double top team

Restructuring to tackle SWF’s ever-increasing size

PE groups take a second bite at the apple

European groups opt to buy back companies they used to own

RBC GAM hires international CEO

Appoints Clive Brown to newly created role

StanChart pays $300m for enforcement failures

Bank will stop processing transactions for certain clients

Montag takes greater role at BofA

Wall Street veteran becomes bank’s sole chief operating officer

Goldman withdraws request in Libya row

A pre-trial hearing in $1bn case is scheduled for early October

UK pension fee cap to cost insurers £1bn

Claim that costs could be much higher than official £200m estimate

Ex-Lehman staff gain pension safeguards

Promises to UK workers kept with £184m payment

Everstone hires former Goldman executive

Entwistle to lead fund focused on India

‘Brexit’ threatens London’s prospects

Dublin seen as alternative for US banks to UK capital

COMPANIES NEWS ON TWITTER

More FT Twitter accounts