Barclays

Mike Fullalove has joined Barclays Wealth and Investment Management from Alliance Bernstein as its new head of fund products.

Asset allocators are refusing to be swayed by a recent rally in commodity prices, saying the bounce is far from sustainable for a sector which remains "on life support".

Some of the largest British banks have launched a review to determine whether allegedly corrupt payments involving football officials have passed through their books.

The Financial Conduct Authority's(FCA) income from fines it imposes on financial services companies is set to dip on last year's total, despite record penalties for Barclays and Deutsche Bank in recent months.

The Financial Conduct Authority (FCA) has fined Barclays a record £284m for 'unacceptable practices' relating to forex trading, as five other global banks are also hit with heavy penalties.

Barclays has set aside an extra £800m to cover the costs of a probe into foreign exchange rate-rigging, its latest results reveal.

Some of Britain's largest companies will issue formal warnings on the risks of exiting the EU if the Conservative Party pushes ahead with referendum plans after the election.

Barclays has made increased provisions for a probe into currency market manipulation and other issues, masking a rise in adjusted pre-tax profits.

Old Mutual Global Investors income manager Stephen Message is running one of the largest overweights to financials in his sector, in the expectation UK banks are set to return cash to shareholders.

Former Barclays Wealth director Yolande Escher has joined BNY Mellon's wealth management business.