Old Mutual Wealth names three directors amid listing preparations
Old Mutual Wealth has named three prominent city figures as non- executive directors, as the company prepares for dual listings in London and Johannesburg. (Telegraph)

Bids galore for £12.5bn B&B mortgages on sale
UK financial services firm Prudential, and a consortium that includes Paragon Bank, Pacific Investment Management and CarVal Investors, are understood to have tabled final bids for the £12.5bn of Bradford & Bingley mortgages being auctioned by the UK government. (Times)