BlackRock has defended head of European equities Nigel Bolton after Italian regulator Consob launched legal proceedings against him.
Ashcourt Rowan has completed the acquisition of Generali Portfolio Management (UK), a deal which gives the group an additional £215m in discretionary assets under management.
Jupiter is looking at a sale of its private client business after receiving an unsolicited bid for the division, according to reports.
Former Threadneedle CIO, CEO and chairman Simon Davies has joined Square Mile Investment Research as a founding investor and chairman.
Nouriel Roubini, famed for his bearish predictions on the global economy, has become the latest bear to become more optimistic over prospects for 2014.
Ratings agency Standard & Poor's has retained an AAA sovereign credit rating for the UK but says there is still a one in three chance of a downgrade next year.
Brooks Macdonald has signed an option agreement to acquire Levitas Investment Management for up to £24m.
Neil Woodford is to join forces with investment firm Oakley Capital when he leaves Invesco Perpetual next April.
The taxpayer lost £230m on the government's disposal of part of its stake in Lloyds Banking Group, according to the National Audit Office (NAO), despite claims the sale was made at a profit.
RBS finance director Nathan Bostock is to leave the bank to become deputy CEO at Santander UK.