Equity markets around the world have struggled to make headway this year, with many major indices giving up gains made early on to leave them standing flat or down for 2012.

Fidelity Worldwide Investment is to add unbundled share classes for discretionary advisers to a dozen funds in its range.

Bosses at Barclays, including outgoing chairman Marcus Agius, have written to staff to calm fears over the LIBOR scandal, telling them other banks face similar punishments.

The yield on UK gilts has fallen to a new record low during trading today, as demand for safe havens picks up once again following indecision from the Fed over expanding its stimulus programme.

Henderson Global Investors is making its institutional share classes available to retail investors, and launching a range of 0.75% share classes, ahead of the Retail Distribution Review (RDR) deadline.

Mervyn King, the governor of the Bank of England, told Barclays Marcus Agius on 2 July that Bob Diamond had lost the support of the regulator.

Barclays former chief executive Bob Diamond has opted to give up a deferred bonus owed to him from his former bank, worth up to £20m.

Brussels is proposing new rules to prevent the manipulation of LIBOR as part of a crackdown in the wake of the rate-fixing scandal.

Sanjeev Shah has stepped down as manager of Fidelity's Special Values investment trust, after requesting to be taken off the mandate.

The Royal Bank of Scotland (RBS) is to challenge a court order requiring it to co-operate with an international criminal investigation into rate-fixing.