RBS finance director Nathan Bostock is to leave the bank to become deputy CEO at Santander UK.
Insurer Zurich has given BlackRock a mandate to passively manage £3bn of its funds sold through Allied Dunbar and Eagle Star brands in a move that aims to create stability for investors.
Invesco Perpetual has begun selling down positions in some of the small and mid-cap companies held by Neil Woodford ahead of the manager's departure in April.
Bank of England Governor Mark Carney will act to prevent the housing market growing at 'warp speed', and said there are economic tools he can use other than keeping interest rates low.
The Investment Management Association (IMA) has responded to the FCA's concerns over outsourcing arrangements across the industry by producing a set of principles it expects members to adopt and adhere to.