News by: Dylan Lobo
M&G Investments has beefed up its fixed income team with the hire of Andrius Isciukas from HSBC Asset Management.
Martin Gilbert is to step down as chairman of transport firm at 17 years in the role as it launches a £615 million rights issue to help clear its mounting debt.
Fund managers could be forced to put half of their bonus into their own funds under new rules being drawn up by Brussels.
Polar Capital is launching a trust designed to take advantage of the improved conditions in the financials sector for former New Star manager Nick Brind.
Saunderson House took the introduction of the retail distribution review in its stride in the first quarter, adding 43 clients.
Citywire Wealth Manager has partnered with CISI to enrich the experience of subscribers to our magazine.
The commodities giant has appointed former BP chief Tony Hayward as interim chairman after Sir John Bond was voted off the board at the firm's annual meeting
Royal Bank of Scotland has confirmed plans to cut 1,400 jobs from its back office.
Aberforth Smaller Companies trust director Paul Trickett has joined the wealth firm's board.
Postive markets have helped Rathbones assets under management past £20 billion in the first few months of the year.
(Update) Ex-BlackRock star Mark Lyttleton was arrested in an insider dealing probe, according to Sky News.
Co-operative Banking Group chief executive Barry Tootell has quit after Moody's warned the bank could need in external funding as its bad debts mount.
F&C Asset Management saw a net outflow of £1.5 billion in the first quarter and learnt Dutch insurer Achmea is to 'recapture' £10.3 billion worth of assets from the firm.
The team at Ruffer Investment Company struggle to make sense of the recent sell off in gold but has no intention of selling its exposure to the precious metal.
Profits at HSBC almost doubled in the first quarter as chief executive Stuart Gulliver's cost cutting programme takes effect.
As the long weekend approaches, we highlight 10 top collectible investment for those in the mood to boost their alternative portfolios over the Bank holiday.
Aberdeen Asset Management chief executive Martin Gilbert has sold another significant stake in his firm.
(Update) Brokers have welcomed the news that Citywire AAA-rated Dean will take on the trust when Schroders completes it acquisition of Cazenove Capital in July.
Schroders has enjoyed a strong start to the year as it prepares to welcome the Cazenove Capital team to its ranks.
Brewin Dolphin has named a new Leicester head as Charles Stanley added another 12 of the rivals' staff to support the local office it expects to open in six months.
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