Aviva (AV.) ousts chief in push for ‘new leadership’. Mark Wilson leaves with immediate effect after six years at the helm.
HSBC Holdings (HSBA) finalises $765m settlement over securities sales. Civil penalty draws line under claims bank misled investors about quality of loans.
Foxtons Group (FOXT) closes Park Lane flagship as it cuts costs. Estate agency opts against renewing lease as prime London house price falls bite.
ITV (ITV) ditches plan to return to base on London’s South Bank. Broadcaster decides to sell landmark site after five-year redevelopment.
Cenkos Securities (CNKS) CEO steps down after 90% drop in profits. Brokers across the City are struggling to adapt to new EU market rules.
