F&C shares have jumped by more than 20% after the group said it has received a takeover approach from Canada's Bank of Montreal (BMO).

Threadneedle head of US equities Cormac Weldon and fellow team member Stephen Moore are to join Artemis to launch a US equities franchise.

The Financial Conduct Authority (FCA) has fined Standard Bank £7.64m for failings relating to its anti-money laundering (AML) policies and to procedures with corporate customers who are connected to 'politically exposed persons'.

S&P Capital IQ Fund Research has prepared users for the possibility the business will be wound up at the end of Q1, presenting an opportunity for others in the space.

Aviva CFO Pat Regan is to leave the company after three years to take up a post in Australia.

Equity markets across Asia have moved into the red after manufacturing figures suggested Chinese industrial activity has hit a surprise six-month low.

Baillie Gifford is to remove a 2% initial charge from its Emerging Markets Growth fund next week as it seeks to encourage new investment once more.

J.P. Morgan Asset Management's Nadia Grant is to join Threadneedle as part of its US equities team, headed by Cormac Weldon.

S&P Capital IQ is set to close its fund research business at the end of Q1 after a strategic review, Investment Week understands.

Dan Jones talks to RWC's CEO Dan Mannix about how the group is adapting to the post-RDR shake-up of retail financial services.