Supermarkets on the march

UK supermarkets are keen to replicate the success of Carrefour in France and have recently launched several guaranteed equity bonds. But selling such products without professional advice is causing concern. Shamillia Sivathambu investigates

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It is no secret that the big European supermarket chains are increasingly branching out into the financial services sector. As high-street banks have tried to cut operating costs, there has been widespread closure of bank branches in the past 10 years, leaving inner city and rural communities without a local financial shop. It seems inevitable that supermarkets, as the largest retail distributors with strong brand recognition, should fill that gap by setting up their own financial services arms

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What gold's rise means for rates, equities

It has been several years since we have seen volatility in gold. An increase in gold volatility can typically be associated with a change in sentiment and investor behavior. The precious metal has surged this year on increased demand for safe haven…

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