Pioneer Investments has reached an agreement to merge with Santander Asset Management, creating one of the largest European asset management groups by AUM.
This week's events, hires (and a joke)
Santander is planning to set up a direct to consumer (D2C) investment platform months after confirming it is re-entering the investment advice space.
The Treasury is expected to appeal to the UK's biggest banks to increase competition in lending to small and medium-sized businesses.
The Financial Conduct Authority (FCA) has fined Santander £12.4m for failings in relation to investment advice. How did the bank go so disastrously wrong? Carmen Reichman looks at the road to ruin.
Santander UK has agreed to pay redress to affected customers after the Financial Conduct Authority (FCA) fined the bank £12.4m for what it said were "widespread" investment advice failings.
Allfunds Bank has appointed former Calastone director Anna Graziano as head of operations and propositions, representing the final hire for the management team headed by Stephen Mohan.
Verbatim Asset Management has launched a volatility matched research and fund monitoring service in partnership with six fund groups.
Mortgage lender Santander extends quality fee assessment