Tom Dobell, manager of the £7.5bn M&G Recovery fund, has told investors he is working harder than ever to turn around the fund's performance after a difficult spell over the past couple of years.
Lloyds Banking Group has moved closer to a sale of Scottish Widows Investment Partnership as it seeks to strengthen its balance sheet, according to reports.
There was a weary air of predictability within hours and days of Margaret Thatcher's death about all the things she can be blamed for.
State-backed Lloyds bank has admitted that it mis-sold Scottish Widows structured products to thousands of customers and has said it will now undertake a review of sales, according to reports.
Banks across the world have rallied sharply in the last 12 months, the shares featuring among the best performing stocks in many indices but, after a sharp climb, are there any opportunities left for investors?
The UK's five major banks could see their profits take a significant hit in 2012 as regulatory pressures and a series of recent scandals take their toll, according to KPMG.
Cazenove's top performing UK Equity Income fund manager Matt Hudson has identified the potential winners among the UK's banking sector following a stellar year for all the big banks.
Schroders' head of UK equities Richard Buxton has been snapping up shares in St James's Place which are being sold by the group's parent Lloyds, according to reports.
AXA IM's Nigel Thomas has added to his position in wealth manager St James's Place, whose shares have fallen 4% today as Lloyds Banking Group placed a 20% stake in the business into the market.
Lloyds has put a 20% stake in wealth manager St James's Place up for sale, the bank confirmed this afternoon.