Markets

Bank of England deputy governor Paul Tucker has denied being asked by government officials to encourage banks to lower LIBOR submissions at the height of the crisis in 2008.

Rob Page, partner at Jeremy Lang and William Pattisson's Ardevora boutique, is leaving the firm.

THE BIG QUESTION

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

Asset management and advisory group Ashcourt Rowan has narrowed its losses after implementing a programme of cost savings following a strategic review of the business.

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.

CBI economist Ian McCafferty has become an external member of the Bank of England's Monetary Policy Committee (MPC).

Wealth management group Ashcourt Rowan has appointed two chief executives to head up its financial planning and asset management divisions.

Thames River Capital's Jeremy Charles has joined Old Mutual Wealth Management as chief operating officer.