Royal Bank of Scotland

Aberdeen has acquired £13.5bn of long-only multi-manager and fund of hedge fund assets from RBS Asset Management for £84.7m.

Pensions fund worries for British banks; Investor bodies draw up new code of conduct for pension funds and trusts

Pension deficits in UK banks and Europe's largest listed companies have been underestimated by €300bn (£268bn) in their last full year reports, AlphaValue research reveals.