Equities

National Australia Bank is in talks with NBNK, the challenger bank run by former Northern Rock's former chief executive Gary Hoffman, over a merger of its UK operations as part of a bid for the 632 branches being sold by Lloyds Banking Group, plus other...

(Updated 2:30pm) Banks are continuing to take the brunt of the latest market sell-off as fresh fears of a European banking crisis emerged on Monday.

Schroders has expanded Johanna Kyrklund's multi-asset team with the appointment of Matthias Scheiber as fund manager.

Net retail fund sales for July fell to their lowest level since October 2008 while equity funds saw net outflows for the first time in over two years.

Fund groups have applauded Morningstar's move to scrap its absolute return sector in favour of 18 different alternative investment categories, calling on the IMA to consider a similar move.

US markets fell over 2% in early trading today on the back of figures showing no jobs were created in August.

Fidelity has launched a European Dynamic Value fund, managed by Neil Madden, which seeks to identify cheap and disliked stocks with improving fundamentals.

First State is to soft-close Martin Lau's Greater China Growth fund as well as four other emerging markets offerings.

The FSA has obtained a High Court injunction against a number of companies and individuals who made more than £1m from manipulating the market in UK shares.

Thursday's newspapers almost unanimously report on fears the recommendations of the Independent Commission on Banking could trigger a fresh banking crisis. Here's our round-up of the best of them...