HSBC

HSBC Investments has expanded its emerging market operations by launching a new Russian equity fund.

HSBC Investments will launch its multi-manager Open Global Property fund on 26 November.

Dean Buckley has been appointed as the new CEO of Scottish Widows Investment Partnership (SWIP), the asset management arm of Lloyds TSB and Scottish Widows.

HSBC is set join a rapidly expanding market after announcing it will launch a fund of property funds in November.

HSBC Investments has hired a team of property fund selection experts to work on its multi-manager arm.

A high street bank has outraged customers after effectively banning everyone apart from the well-off from using one of its branches, says the Daily Telegraph .

Attempts by both government and the industry to raise awareness about the importance of saving in a pension are still failing as around 60% of women do not contribute to a pension scheme, claims HSBC.

HSBC was accused yesterday of running its pension funds in a way that could be as damaging to shareholders as its disastrous foray into US sub-prime mortgages, reports the Times .

Calls from employers and the insurance industry to amend age discrimination laws to prevent the costs of insuring older workers against death and long-term illness from soaring have been rejected by ministers, reports the Financial Times .

Investment experts fear a further week of stock market turbulence will spell ruin for the 2006-07 equity Isa season by causing retail investors to run scared from the tax shelters, reports the Times .