J.P. Morgan has been fined a total of $920m (£571m) over the infamous 'London Whale' trades which led to derivatives losses last year of $6bn (£3.7bn).

The Financial Conduct Authority (FCA) yesterday published the findings of a review into potential inducements between providers and advisers - but there are a few things the paper failed to mention, according to Threesixty.

DEAD END

Restricted adviser network Openwork has put expansion plans on hold shortly after reporting its first ever profitable year, and will instead focus on the quality of its operation.

The Financial Conduct Authority (FCA) has outlined a number of good and bad practices in its consultation paper on inducements after it found "serious failings" among advisory firms in complying with the regulator's conflict of interest rule.

Barclays is to face another payout, of £100m, this time for a paperwork blunder that led to 300,000 customers being overcharged, according to reports.

The Liberal Democrats have vowed to close tax loopholes in limited partnership firms and for private equity investors, as part of the party's action to "tackle the remaining deficit fairly".

Wealth management firm Helm Godfrey is under investigation by the Financial Conduct Authority (FCA) for advice it gave on unregulated collective investment schemes (UCIS).

Barclays bank is facing new fines in the region of tens of millions of pounds in association with a multi-billion pound private investment five years ago, according to reports.

High inflation and falling house prices have led to spiraling living costs for British expatriates, according to a survey.