Two senior executives are to join Tesco's board as non-executive directors as the supermarket attempts to restore confidence following its accounting scandal.

Investment Week news editor Nick Paler has been named journalist of the year at the Aberdeen UK Platform Awards for a second successive year.

Barclays, Fidelity and HSBC have been flagged by the Financial Conduct Authority as the most-complained about firms for investments in the first half of 2014.

Tesco has confirmed former CFO Laurie McIlwee has not been working the final six months of his contract, encompassing most of the period currently under investigation by the firm following its profits overstatement.

RBS chairman Sir Philip Hampton is to leave the bank in order to take up an identical position at GlaxoSmithKline, according to reports.

BNP Paribas Securities Services, Advent, Riva Financial Systems, and Kneip were among the winners at this year's Fund Services Awards.

The US regulator is investigating how bond giant PIMCO prices its exchange-traded funds after it became concerned the group may have artificially inflated returns on one of Bill Gross' ETFs.

Footloose and financially free