Barclays former chief executive Bob Diamond has said he is "dismayed" MPs have questioned the truthfulness of answers he provided to the Treasury Select Committee.

Insight Investment has blocked investors from pumping more money into its €1.1bn Insight Euro Liquidity fund following the European Central Bank's move to cut interest rates.

The FSA's chairman Lord Adair Turner warned Barclays earlier this year its reputation in the wider market was being damaged by its own submissions to banking bodies and its handling of trading books.

Mervyn King, the governor of the Bank of England, told Barclays' Marcus Agius on 2 July that Bob Diamond had lost the support of the regulator.

Barclays former chief executive Bob Diamond has opted to give up a deferred bonus owed to him from his former bank, worth up to £20m.

John Duffield's firm Brompton Asset Management is to launch three multi-manager funds into the market, marking his first foray back into the retail space since the sale of New Star.

Sanjeev Shah has stepped down as manager of Fidelity's Special Values investment trust, after requesting to be taken off the mandate.

Brussels is proposing new rules to prevent the manipulation of LIBOR as part of a crackdown in the wake of the rate-fixing scandal.

The Royal Bank of Scotland (RBS) is fighting against a court order which requires it to co-operate with an international criminal investigation into rate-fixing.

Roger Bootle and a team of economists at Capital Economics have won a prestigious economics award for their plan on how a country could exit the eurozone in an orderly way.