Barclays' new boss Antony Jenkins has vowed not to break up the bank by axing its investment banking operation.

Shares across the globe fell overnight as renewed fears about Germany's likelihood of approving rescue plans plagued investors once again.

THE LAGGERS

SVM's Donald Robertson has resigned from the group he co-founded back in 1990.

UK shares were once again lower this morning, extending yesterday's sharp losses as falls in Asia overnight impacted confidence.

Ken Edwards, the well-known IFA sales head who retired from Baillie Gifford in 2011, has joined Enterprise Investment Scheme (EIS) provider Calculus Capital.

BARCLAYS

Barclays has appointed Antony Jenkins, its former head of retail and business banking, as its new boss.

Threadneedle is to roll out a range of commission-free share classes across the majority of its fund range, and waive initial charges for advised UK retail investors, as it makes its proposition ready for the post-Retail Distribution Review (RDR) world....

Sarasin & Partners' Guy Monson has warned sterling's recent show of strength against the euro could be about to end, as ECB intervention draws near and the UK's QE policy weighs on the pound.