hsbc

Nick Dowell took over the HSBC's £272m European Growth fund three years ago this month, tasked with turning around the vehicle's lacklustre performance.

ON ASIA

M&G's Tom Dobell has blasted the UK banking industry, saying HSBC has "more integrity and corporate culture" than the rest of the sector combined.

TIP OF THE WEEK

UK banks are borrowing billions of pounds each month and may be forced to seek yet more support from the government, an economic think-tank warns.

HSBC has bolstered its ETF range with the addition of a fund providing exposure to the Far East.

Lazard Asset Management, a specialist in developing world equity investing, is expanding its capabilities into emerging market debt.

The massive shake-up at the top of the UK's biggest banks will continue as HSBC prepares to announce major changes to its senior management amid reports of a boardroom power struggle.

Government bonds jumped on Wednesday on rumours the Bank of England could be moving closer to increasing its £200bn "money-printing" programme to buoy the recovery.

Banking giant HSBC's strong profitability could allow the group to "materially" increase its dividend, a City analyst suggests.