Markets

Wealth manager Brewin Dolphin is planning a £40m capital raising through a share placing, as it sees pre-tax profits almost halve in the six months to March.

GLOBAL

INCOME

GLOBAL

The FTSE 100 index has shrugged off the heavy falls seen at the end of last week to resume its upward trend in early trading this morning.

ON UK GROWTH

Fidelity Worldwide Investment (FWI) is to expand its range of FAST funds with the launch of a US portfolio for manager Adrian Brass as it moves to create a US equity research desk that can "rival anything in London".

Japanese equities have started to regain some of the ground lost since the end of last week after the Nikkei rose 1.2% in Tuesday's trading.

Santander has confirmed it is "exploring the possibility" of the sale of a stake in its asset management division.

The Co-operative Bank has appointed the former head of HSBC's North American propositions as its new chief executive.