Equities

The number of assets in underperforming 'dog' funds has more than halved since last summer, but more than £12bn remains stuck in such offerings, according to Bestinvest's latest 'Spot the Dog' list.

Majedie Asset Management has launched a UK Income fund for manager Chris Reid.

Threadneedle and Schroders are among the City firms that have been approached about buying a stake in the 316 Royal Bank of Scotland (RBS) branches the bank has put up for sale, according to reports.

Neil Woodford's giant income portfolios, two of the best performers over the past decade, have been given a ‘sell' rating in Sanlam Private Investments' (SPI) latest White List Income Study.

St James's Place (SJP) has given a rare insight into its ability to negotiate aggressively with fund managers.

Barclays has threatened "substantial" job cuts in its London investment bank, ahead of a review of its operations by new chief executive Antony Jenkins.

Barclays Bank staff who do not feel they can commit to new a new code of ethics should leave, its new CEO has said.

Analysts at HSBC have suggested the popularity of balanced funds towards the end of 2012 was due to advisers attempting to maximise commission income before the implementation of new rules following the Retail Distribution Review (RDR).

Music and DVD chain HMV is to call in administrators Deloitte today as the 250-strong chain becomes the latest casualty on the high street.

The scale of the fine due to be levied on the Royal Bank of Scotland (RBS) for its attempts to manipulate the Libor interest rate could be as high as £500m, according to reports.