Former Barclays Wealth director Yolande Escher has joined BNY Mellon's wealth management business.

JPMAM's market strategist Stephanie Flanders has said she expects the ECB to act imminently to shore up the economy after the eurozone fell into deflation in December.

David Muncaster has joined specialist asset manager Bordier (UK) to lead its commercial activities.

The eurozone slid into deflationary territory in December for the first time in five years, according to preliminary figures released today.

Hedge fund manager Crispin Odey netted a pay packet of £47.8m in the year to April 2014 after his boutique more than trebled profits.

Morningstar has launched a range of four real return portfolios as it further expands its discretionary management service.

Brewin Dolphin's Angus Kerr, Lindsay Strachan and four colleagues are moving to Rathbones to set up a new Glasgow office for the wealth manager.

The FTSE 100 has dropped sharply again this morning as fears over significant falls in the oil price and other macroeconomic issues weighed on stocks.

Charles Stanley's Chris Bolshaw and Jeremy Sharp and five of their colleagues are to join Walker Crips to open a new office in Truro at the end of February.

The government will fail to deliver planned spending cuts within the next Parliament and interest rate rises are off the table until summer at least, according to a survey of economists.