UK

Jupiter's Guy de Blonay has joined the growing condemnation of Pru's Harvey McGrath and Tidjane Thiam, calling for new leadership after the failure to acquire AIA.

Jupiter has set the price range of its IPO at between 150p and 210p per share, valuing the asset manager at £718m to £868m.

Robin Geffen, the architect of Pru's AIA downfall, believes the botched deal could be a defining moment in the fight for investor justice.

Prudential plans to terminate its proposed acquisition of AIA after failing to reduce the $35.5bn cost of the deal.

Threadneedle co-head of UK equities Simon Brazier examines the early moves by the coalition in tackling the deficit problem and how the UK has learnt lessons from Sweden and Canada.

Prudential nemesis Robin Geffen says it is "inconceivable" the insurer can push on with its plan to acquire AIA after failing to lower the price of the deal.

The Bank of England is sitting on an £8bn net profit from its £200bn quantitative easing programme.

The FSA will commence an investigation into Gartmore manager Guillaume Rambourg to determine whether he met the regulator's standards of an approved person.

Invesco Perpetual's Neil Woodford, one of the largest investors in UK water companies, has warned the regulator's tough pricing risks driving shareholders away from the industry.

(Update) Prudential's proposed deal to acquire AIA appears doomed after AIG refused its revised offer of $30.375bn.