Central bankers are backing themselves into a corner in their attempts to fine-tune unorthodox monetary policies, according to Troy Asset Management's Sebastian Lyon.
The arrival of the RDR and the decision to stem flows into Richard Woolnough's corporate bond funds saw M&G's UK retail business suffer outflows in H1 2013.
Two City traders could be arrested within days over their role in the J.P. Morgan 'London Whale' scandal which cost the firm $6.2bn, according to reports.
Japan Q2 GDP has come in well short of expectations as annualised growth of just 2.6% deals a blow to 'Abenomics' advocates.
Business Secretary Vince Cable has warned the government's 81% stake in Royal Bank of Scotland may not be sold off for another five years, arguing a quick sale of shares is unlikely.
Bank of England Governor Mark Carney is an advocate of the virtues of communication, but he may have already backed himself into a corner in his attempt to set out a clear policy path.
US markets could be heading for a 1987-style crash, according to Swiss investor Marc Faber.
A trio of brokers have raised their forecasts for Henderson after a positive set of interim results convinced them that the FTSE 250 group can excel in future.
J.P. Morgan may admit wrongful conduct over its $6bn 'London Whale' trading loss as it nears a settlement with US and UK authorities, according to reports.
Asian stocks have been given a lift by a broadly positive set of Chinese data as investors look to end the week on a high note.