Barclays has revealed it is facing two new US regulatory investigations into its conduct, as part of its third quarter update that also revealed a pre-tax profit of £1.73bn.
Demand for Standard Life Investments' popular risk-based MyFolio fund range has helped the business grow assets under management to almost £80bn, the company said today.
Investors appear to be returning to risk assets after net retail sales of equities outstripped fixed income funds for the first time in a year, according to the latest figures from the Investment Management Association (IMA).
BP has raised its dividend by 12.5% to 9c a share, but reported a fall in profits in the third quarter.
Banking giant UBS could cut thousands of jobs in London as part of a plan to split its operations.
Equity fund flows surged to €1.91bn in September, the first positive monthly figure since February, Morningstar's latest European fund flows data has shown.