The Irish Government says it will guarantee Irish bank deposits and loans for two years after shares in the sector plummeted.

Resolution Argonaut's forthcoming Absolute Alpha fund is to be seeded with approximately £20m from newly-formed Ignis Asset Management.

New political leadership will be a major catalyst for improving the investment case for Japan, according to Morgan Stanley Japan's CIO John Alkire.

Two directors have been censured by the FSA for failing to ensure their firm had appropriate procedures in place to ensure customer received suitable mortgage advice.

Nationwide will waive reservation fees on some mortgages for existing borrowers in a new loyalty offer.

Invesco Perpetual has appointed Paul Boyne as fund manager within its global equities team, where he will report to Bob Yerbury, CIO.

A mortgage broker has been banned and fined £100,000 by the FSA for exposing customers to the risk of receiving unsuitable advice.

Standard Life has launched a search to track down 200,000 people entitled to a slice of £184m in unclaimed shares and cash from its demutualisation.

Bradford & Bingley was tracked for months prior to being nationalised by the Treasury, according to Lord Adair Turner, chairman of the FSA.

GMAC-RFC, the high-risk mortgage lender which sold mortgages to Bradford & Bingley, will merge with GMAC's European operations and become an asset manager.