Oil output in 2014 increased by 16.2 per cent – the highest growth rate since 1940.
Rory Cullinan was put in charge of the investment bank last month.
Union Bancaire Privée wins bidding war for the RBS’ international private bank operations.
Aviva UK boss will leave in May despite attempts to keep him in the business.
The FCA is reviewing the standards advisers must reach to hold themselves out as ‘independent’ ahead of the introduction of Mifid II reforms.
Ralph Cox will take a “substantial career break”.
The FCA has released a discussion paper on Mifid II.
Court of Appeal ruled in the FCA’s favour.
Poor performance and high fees blamed.
John Peta joins from Threadneedle as the new head of emerging market debt.
HSBC is to relocate the head office of its ring-fenced retail and business banking operations to Birmingham.
The Budget changes may take effect straight away.
The annual rate of inflation has fallen to its lowest ever – 0 per cent. The drop is steeper than predicted.
Capital distribution rises to 35 per cent.
The industry will pay more for the regulator this year.
But investment returns rise to 11.4 per cent.
CF Miton Defensive and Cautious Multi Asset Funds will invest more directly in securities.
Joseph Molloy will be HSBC Global Asset Management head of passive equity.
Labour wants to reintroduce the stamp duty reserve tax and remove intermediaries relief.
The UK’s blue-chip index sets new high.
The 127-year-old investment trust urges shareholders to vote against proposals from Elliott Advisors
Challenger bank will continue to operate under the TSB brand.
Future EIS or VCT cash injections will be limited to firms less than 12 years old
The increased bank levy will raise £5.3bn across the forecast period.
Payout is half the amount awarded by the bank last year.
FCA and PRA have granted regulatory approval for the takeover to go ahead.
FCA’s William Amos tells asset managers more isn’t always better with data.
Former Odey chief joins Hargreave Hale as non-exec director.
Shares have been trading conditionally since 10 March and opened to retail investors today.
Product innovation held back by race to comply.
Lender reportedly hoping to be valued at £1bn.
Brooks Macdonald’s half-year results reveal ambitious growth plans for the fund business.
Life business makes £11m loss following pension reforms.
True Potential has launched a pension and savings dashboard to help advisers plan and manage client assets.
BlackRock renews its focus on UK investors with price cut to flagship FTSE 100.
Close Brothers operating profit before tax up 16 per cent helped by AM and banking units.
Charles Stanley is in talks to sell its securities division, with a US firm set to take ownership.
Vanguard has appointed John James as head of the group’s UK and European businesses, replacing Thomas Rampulla.
Challenger bank will launch on to the London Stock Exchange this week.
Company has made profit for the fifth year in a row despite £1.7bn net outflows.