Bob Jolly (pictured), head of global macro at Schroders, reviews a year in global bond markets and asks what themes could characterise the asset class in 2013.

The UK's four biggest banks may need up to £35bn of fresh capital to insulate themselves against future losses, according to the Bank of England.

The US economy grew 2.7% in the third quarter of the year, a significant upwards revision from the first reading of the data.

Thames River's Michael Mabbutt is set to join Liontrust to run a newly created Global Strategic Bond fund.

Nigel Parsons, a former investment director of Bestinvest, has pleaded guilty to offences including possessing indecent images of children, and voyeurism.

Schroders has launched a renminbi bond fund for new recruit Rajeev De Mello, who joined from Western Asset Management last year.

Global Emerging Markets was the best-selling IMA sector for the first time ever in October, the latest sales figures reveal.

Mark Carney has seen off fierce competition to land the job of Bank of England governor, replacing outgoing chief Sir Mervyn King next summer.

European stocks slumped in afternoon trading ahead of a meeting of eurozone finance ministers to agree on the next tranche of aid for Greece.

BNY Mellon and Insight are set to merge a raft of funds into newly created vehicles in preparation for the world post-RDR.