Schroders has shaken up its UK leadership team, appointing James Rainbow as head of UK distribution and Latin America with Peter Hetherington taking on Rainbow's previous role as chief executive of Schroders Personal Wealth.

MSCI has launched five thematic indices tracking the performance of long-term megatrends that are set to impact society and the economy in the future.

The Woodford Equity Income fund (WEIF) could remain shuttered for a further six months, according to head of personal investing at Willis Owen Adrian Lowcock.

HSBC could see up to 10,000 job losses in its latest cost-cutting efforts under new interim chief executive Noel Quinn.

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Trust's share price has halved

Moved to IA's Targeted Absolute Return sector

Following drone attacks on Saudi oil fields