Former Société Générale investment bank head Jean-Pierre Mustier has been fined €100,000 (£81,950) by France's AMF financial regulator over insider trading as the financial crisis began.

BP has returned to banks seeking additional short-term loans to help tackle its growing liabilities following the Gulf of Mexico oil spill.

Net retail fund sales fell below £1bn for the first time in 18 months in May as the euro area crisis hit investor sentiment, IMA data shows.

Threadneedle absolute return and currency managers Peter Allwright and Stuart Frost are to join RWC as the firm continues its recruitment drive.

A new investment company is to offer UK and global equity funds weighted towards carbon efficient firms.

Income stalwart Richard Hughes will be replaced by Alex Odd as the manager of M&G's £501m Dividend fund from next month.

Barclays Capital's Research Analysis Driven Absolute Return (RADAR) fund has introduced an exposure to US equities, reflecting the group's bullish view on the market.

Any future increase in ISA limits could be exclusively reserved for green/low carbon ISAs, according to a new report commissioned by the Government.

Baillie Gifford's Patrick Edwardson has been increasing equity exposure in the £370m Scottish American Investment trust during the recent market volatility.

Premier's Mike Jennings has removed the requirement for his Global DSR fund to have at least 50% sterling exposure due to its negative impact on performance.