Swiss bank and wealth manager UBS has completed its £2.5bn takeover of troubled rival Credit Suisse to create a wealth management giant with approximately £3.8bn of invested assets.

Leeds-based finance firm boss Francis Wainwright has been sentenced to seven years in prison after admitting running a £20m Ponzi scheme which cheated elderly and vulnerable investors.

Wealth management and professional services group Evelyn Partners has struck a deal to acquire Dart Capital, a City of London boutique wealth manager for an undisclosed amount.

The executive committee of Odey Asset Management LLP - the partnership which runs Odey AM - has removed founder Crispin Odey from the partnership following allegations in the Financial Times about Mr Odey and governance at the investment firm.

The Financial Services Compensation Scheme has declared pension adviser Thomas Financial Limited (FRN 473555), based in Newport, Gwent, in default.

City of London Police have launched an international manhunt for a "career criminal" who ran a Ponzi-style investment scheme which cheated £70m from victims.

Fintech FE fundinfo has launched an integration link between its cashflow modelling software Cashcalc and its investment stats service FE Analytics.

A major survey of adults in the UK has revealed their widespread concerns about managing their parents’ finances.

The FCA has declined to comment on reports in the Financial Times that Odey Asset Management is under investigation.

Wealth manager Evelyn Partners has appointed former Direct Line chief executive Paul Geddes as its new CEO, replacing Chris Woodhouse who is retiring.