Shares dropped more than 50% following Muddy Waters attack
Consulted on fund illiquidity
Consulted on fund illiquidity
Briggs headed up insurance business
Prudential chief executive Tidjane Thiam has been named as the surprise new head of Credit Suisse.
Restricted adviser network Sesame would be broke and unable to trade without the continued financial support of its parent company Friends Life, Aviva has said in a note to shareholders ahead of its planned acquisition of the provider.
Aviva's £5.1bn acquisition of Friends Life could see as many as 1,500 jobs cut, the company has said.