Martin Gray is to join his former Miton co-manager James Sullivan at his new venture Coram Asset Management.
Royal London Asset Management (RLAM) saw rising net inflows for the nine months to 30 September, driven partly by the performance of its equity income and credit funds.
Challenger bank Virgin Money has priced its shares at the bottom of their range as it relaunches its delayed IPO.
The government is to pay off part of the UK's First World War debt, as part of a redemption of bonds stretching as far back as the 18th century.
Former Schroders manager Julie Dean is to join former Cazenove colleagues Chris Rice and Tim Russell at Sanditon Asset Management.
Alliance Trust has overhauled its equity team, with the loss of five roles expected to save £2m a year.
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Some 24 European banks have failed the European Banking Authority (EBA)'s stress tests.
Tesco has scrapped its full-year trading update and its chairman is to step down as it deals with the fallout from the accounting scandal which left a £263m black hole in its balance sheet.