Barclays has confirmed Sir David Walker will succeed Marcus Agius as chairman of the bank on 1 November, following press reports yesterday.

Schroders' head of UK equities Richard Buxton has been buying Standard Chartered on its dramatic share price falls this week, ignoring the market's "frenzy of panic" over the stock.

In its latest quarterly inflation report, released today, the Bank of England has muddied the waters somewhat on its plans for further stimulus, leaving pundits wondering if a rate cut is on the cards.

Schroders' Virginie Maisonneuve has been focusing on the consumer sector within her global equity funds as a play on the US economic recovery.

The Bank of England has cut its forecast for economic growth this year to almost zero and has predicted inflation will be below target in the medium term.

Old Mutual Wealth Management is set to unveil its plans for RDR-compliant fund pricing on its platform, and is preparing to boost its offering in the risk-rated funds and DFM space with a revamp of its product range.

Fund selectors have revealed the difficulties in allocating to Asia and emerging markets as some of the most popular retail funds close their doors to new investors.

Argonaut founding partner Barry Norris finds a glimmer of hope for the eurozone crisis in the latest comments by ECB President Mario Draghi.

London's leading index was 60 points higher in afternoon trading despite a slump in UK manufacturing data, as Next and Standard Chartered lifted the market.

F&C has confirmed its head of funds and investment trusts Charlie Porter is set to leave the group, with Thames River's Mike Warren becoming head of F&C's retail business.