Lloyds

Standard Life Investments' Ed Legget reveals how he has returned over 300% in five years to investors, why he is selling banks, and why now is the right time to return to the mining sector.

Aberdeen has beaten off competition from Macquarie to acquire Scottish Widows Investment Partnership (SWIP) from Lloyds Banking Group in a deal worth up to £650m.

Troy's Francis Brooke has used inflows into his £1.3bn Trojan Income fund to initiate a position in Lloyds Banking Group ahead of the bank's return to the dividend register.

The Financial Conduct Authority (FCA) has written to banks urging them to speed up their review of how interest rate hedging products were sold.

Shares in oil giant BP shot higher this morning, lifting the wider market, after the group pleased investors by raising its dividend.

Lloyds Bank has reported growing profits for the first nine months of the year as it starts down the path to reprivatisation, but continues to suffer from the impact of ongoing PPI claims.

The chief executive of taxpayer-backed Lloyds Banking Group is set to be awarded a bonus worth about £2.5m next month as the lender continues its recovery from the 2008 financial crisis.

J O Hambro Capital Management's income duo James Lowen and Clive Beagles have said financial stocks still offer incredible value at current levels, amid growing interest in the sector.

Aberdeen Asset Management and Macquarie Group are the two remaining bidders battling it out for Scottish Widows Investment Management (SWIP), Investment Week understands.

New laws passing through Parliament could see bankers found guilty of "reckless misconduct" jailed for up to seven years.