Citigroup

Replaced by Citigroup CEO

Ian Jensen-Humphreys joins as portfolio manager

After criticism from UK regulators

Prices could rise as high as $1,425

Wants all firms to implement remediation programme

The European Commission has collectively fined 6 international financial institutions €1.7bn (£1.4bn) for their involvement in the manipulation of benchmark rates.

UK interest rates will stay at historic lows for four more years as the economy struggles to return to normal growth levels, Citi has predicted.

Aviva has renewed its wrap administration deal with Citi that takes the partnership through to 2022.

Citigroup is to pay out $590m to shareholders in one of the biggest settlements connected to the global financial crisis, after it was accused of hiding its subprime exposure during the 2008 crash.