Floating rate loans became popular with investors as expectations of rate rises mounted, but inflows into these products have subsided as rate increases began to seem less imminent.
The Financial Conduct Authority (FCA) is to review how and how much it fines businesses amid complaints from banks about the rise of high penalties.
Where are the best credit opportunities following the sell-off?
The insurance sector has come under the spotlight this week after Friday's revelation Aviva was seeking a merger with Friends Life in a deal worth £5.6bn.
Ratings agency FundCalibre has added six funds to its Elite Rating list after its inaugural investment committee meeting earlier this month.
Eight staff members have been dismissed by Lloyds following an investigation into the LIBOR rate fixing scandal that saw the bank fined £218m.
Lloyds Banking Group is preparing to pay fines to UK and US regulators over its involvement in the LIBOR fixing scandal.
Fund selectors are buying into asset-backed securities, labelling them one of the few remaining value trades in fixed income investing amid moves by the European Central Bank to support the sector.