The Royal Bank of Scotland (RBS) today announced it is planning to cut 3,500 jobs as part of a reorganisation of its investment bank.

The Financial Services Authority (FSA) has not used mystery shoppers for at least 18 months, despite a promise from Hector Sants that the regulator would make more use of the tactic.

Britain can expect an imminent market crash when building work on skyscraper The Shard near London Bridge is completed, according to Barclays Capital.

The UK economy has "significantly weakened" with domestic demand at a two-year low, but a recession is not inevitable, the latest quarterly survey by the British Chambers of Commerce (BCC) concludes.

British investors in failed broker MF Global are to question the efforts of administrators KPMG in London on Monday over the slow progress of recovering funds.

The coalition government is to abandon plans to scrap the 50p top rate of tax despite rising pressure from business leaders.

Who moved where in another busy week in financial services...

Auditors PricewaterhouseCoopers (PwC) has been fined £1.4m for failing to spot client money handling errors at J.P.Morgan bank.

After another year of uncertainty for investors, structured products offer a defined outcome, but they remain under the regulatory microscope.

There are close to 600,000 'millionaire households' in the UK, according to the latest estimates, but, as a share of total households, Britain lags Ireland, Kuwait and Taiwan.