A team from Manchester Metropolitan University (MMU) has scooped the Seven Investment Management (7IM) University Financial Planning Team Challenge Cup, designed to attract fresh blood into the advisory world.

Guernsey is ramping up the promotion of its finance industry in a bid to capitalise on the slowly emerging global economic recovery.

The joint administrators of failed Landsbanki Guernsey have received the go-ahead to take legal action against Iceland, in a bid to recover as much money as possible for savers with money trapped in the bank.

Axa has unified the various parts of its wealth proposition into Axa Wealth, which will focus on investments and platform-based solutions among other areas.

After launching a YouTube campaign to raise awareness of their plight, disgruntled depositors in collapsed bank Kaupthing Singler & Friedlander Isle of Man (KSFIoM) have taken to the fourth plinth in London's Trafalgar Square to voice their gripes.

Britain's high street banks could incur another £130bn of losses in the next 18 months, ratings agency Moody's warned yesterday, on top of the £110bn hit they have taken on bad loans since the start of the financial crisis in 2007.

NatWest International Personal Banking (IPB) has rolled out Issue 8 of its Autopilot Account.

T. Rowe Price has launched a US Large Cap Core strategy to boost its equity offerings available via its Luxembourg-domiciled Sicav range.

Standard Life's International Bond has attracted over £1bn of assets as it seeks to gain more of a market share in the offshore bond space.

Axa Winterthur Wealth Management has enhanced its single pension product, The One, to offer a greater choice of funds.