The International Monetary Fund (IMF) has shortlisted French finance minister Christine Lagarde and governor of the bank of Mexico Agustin Carstens for the top job as managing director.

The Financial Services Authority (FSA) and fund administrator Capita are to come under fresh scrutiny about the collapse of Arch Cru, as 20,000 investors still wait for news about their investments.

Hargreaves Lansdown has been criticised in a national paper for not fully disclosing its financial arrangements with fund managers.

You may not agree with all his policies but Bank of England governor Mervyn King has been knighted for his role in steering the UK through the financial crisis.

If you asked a few years ago for opinions on UK life companies, the responses would have been predictable and familiar.

Fidelity has proposed new names for the IMA Managed sectors based around their total exposure to 'risk assets' not just equities.

The FSA has proposed simplifying the way it collects firms' data in a move which it believes will "enhance its intrusive supervisory regime".

John McFarlane, former chief executive of the Australia and New Zealand Banking Group (ANZ), is to become the new chairman of Aviva.

HM Revenue & Customs (HMRC) launched 9,368 investigations into inheritance tax valuations last year and is targeting estates and beneficiaries, warns accountancy firm UHY Hacker Young.

Norwich & Peterborough Building Society (N&P) says all but a few of the 3,200 customers who it advised to invest in Keydata have been sent individual offers of compensation and many have already been paid.