The huge delays for compensation suffered by depositors with money in collapsed bank Kaupthing Singer & Friedlander highlight the need for a shake-up of banks' data handling, according to the Financial Services Compensation Scheme(FSCS).

Sterling has rocketed to a ten-month high against the dollar today as bullish equities and oil prices boosted market sentiment and investors' risk appetites.

RWC partners has hired a host of employees to support the launch of its US equity long short funds in October.

Thames River Capital has added a quartet of offshore funds to the Cofunds platform to continue its expansion into the retail sector.

Royal London 360° has scooped a ratings boost in a recent financial strength report by AKG Actuaries and Consultants.

Standard Life Investments has rolled out its Luxembourg-domiciled Sicav fund range to key intermediaries in Germany via the Moventum fund platform.

A masked expat pensioner whose savings are trapped in collapsed bank Kaupthing Singer & Friedlander (KSFIOM) has launched a scathing musical attack on the Isle of Man Government via YouTube.

New documents have come to light revealing how the Guernsey government failed to push for the recovery of savings of collapsed bank Landsbanki Guernsey, an action group claims.

Royal London 360° will replace its Protection Lifestyle proposition with a revamped product for expats and the local market in the Middle East and Far East.

A New York toy salesman pleaded guilty to filing a false tax return that concealed assets at UBS AG, and he implicated four other people while detailing the bribery of a Swiss government official.