Barclays

RBS will not pay out bonuses in line with its rival banks, after the UK government said it would not support a payout ratio of two times executive salaries.

Former New Star manager Patrick Evershed has reportedly been jeered at Barclays' AGM today after attempting to defend the bank's bonus proposals.

Standard Life Investments has taken the unusual step of criticising Barclays during its AGM, attacking the bank over its latest remuneration proposals amid a fiery meeting.

LEADER

UK EQUITIES

Fidelity Personal Investing has called for a ban on exit fees from all long term savings products in order to improve competition in the direct-to-consumer marketplace.

Barclays Stockbrokers has cut the charge on its self-invested personal pension (SIPP) just weeks after revealing its clean pricing structure.

Investec Asset Management's plans to launch preferentially priced share classes for key distributors have been thrown into doubt after the country's largest D2C platforms revealed no evidence of such deals.

Multi-asset managers are using setbacks such as that caused last week by unrest in Ukraine to increase their exposure to buoyant markets.

Hermes' co-head of credit Fraser Lundie is buying into BB bonds over fears of a ‘race to the bottom' in high yield credit.