Barclays Bank staff who do not feel they can commit to new a new code of ethics should leave, its new CEO has said.

The shortlist for the Professional Adviser/Baillie Gifford Financial Education Award 2013 has been announced.

FROM THE ED

The Financial Services Authority (FSA) has banned two former Freedom SIPP directors, John James Quarrell and Susan McKenzie Beaumont, from working in the financial services industry.

The Financial Services Authority (FSA) is planning to widen its review into firms' sales incentives following an assessment last year which uncovered widespread failings among those operating incentive schemes.

The scale of the fine due to be levied on the Royal Bank of Scotland (RBS) for its attempts to manipulate the Libor interest rate could be as high as £500m, according to reports.

J.P. Morgan Chase was last night ordered to improve its risk management following a $6.2bn (£3.8bn) derivatives trading loss highlighted by a London-based employee dubbed the "Whale".

SIMPLES?

A study suggesting investors are being misled on the returns they can expect from structured deposits has sparked a new dispute over the products' merits.

FIVE THINGS