Schroders expected to announce CEO change
Schroders will announce chief executive Michael Dobson is stepping down tomorrow, according to a report in the Financial Times.
Companies
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LGIM says Brexit would have little impact on its business
Legal & General Investment Management’s board has released a statement saying a British exit from the European Union would have little impact on its business as it is UK and US focused.
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Barclays sees 10% fall as FTSE climbs
Barclays shares have fallen over 10% to 153p as the bank announced its full year profits were 8% lower than last year at £2.073bn.
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Further expansion planned as Jupiter reports strong full year inflows
A more than 100% increase in net inflows for the full year to 2015, saw Jupiter Fund Management report a rise in total assets under management to £35.7bn from £31.9bn.
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Pease takes Henderson to court
Richard Pease has filed a High Court claim against his former company Henderson Global Investors over what he sees as unpaid money owed, according to a Sunday Times report.
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RBS shares plummet as it confirms eighth annual loss
Royal Bank of Scotland shares plummeted by 8.5% to 223p as it revealed a £1.98bn loss and postponed its dividend.
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Market volatility tempers growth at Axa Wealth
Axa Wealth reported a 14% rise in platform assets in the year to 31 December 2015.
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Lloyds shares rocket as it announces dividend plan
Share in Lloyds Banking Group leapt 9.7% to 68p as the bank revealed its plan to pay a special dividend.
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Whitechurch Securities launches ethical funds
Whitechurch Securities is launching a new range of ethical investment portfolios on 1 March.
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Rathbones assets climb 7.4% but inflows weaken
Rathbone Brothers’ total funds under management were £29.2bn at 31 December, up 7.4% from £27.2bn at the end of 2014, the company reported today.
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FCA fine WH Ireland £1.2m for market abuse failures
WH Ireland has been fined £1.2m and restricted for 72 days from taking on new corporate broking clients for failing to sufficiently protect against the risk of market abuse.
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Standard Chartered shares slide as FTSE dips back under 6000
Standard Charted shares fell 5.7% in morning trading after the bank reported a surprising loss.
