Former Financial Services Authority CEO Sir Hector Sants is to join the board of the British Bankers' Association (BBA) lobbying group, according to reports.

Schroders chief executive Michael Dobson said the group now has the strongest UK equity team in its history - despite the departure of Richard Buxton.

The Bank of England has said it will not raise the base rate of interest before the unemployment rate falls to 7% and warned investors are still expecting rates to rise sooner than is likely.

Credit Suisse has completed the sale of J O Hambro Investment Management to the private client business' management team and Bermuda National Limited (BNL).

A number of UK equity income managers have begun building positions in Lloyds Banking Group as the lender prepares to return to the UK dividend register.

Disappointing results have sent HSBC shares down 5% and erased the FTSE 100's early gains on the first day of trading this week.

Franklin Templeton has hired former Insight and Armstrong manager Toby Hayes to manage a new multi-asset range.

Jupiter has reported net mutual fund flows of £426m for the first half of 2013 despite the Retail Distribution Review (RDR) "dampening" UK business.

IMA chief executive Daniel Godfrey (pictured) discusses the trade body's initiative to clarify fund charges.

UK retail investors pulled a record amount from fixed income funds last month as yields spiked on fears of an end to US QE, latest IMA figures reveal.