The OFT has warned new entrants into the retail banking sector are being stifled by regulation and are finding it hard to attract new customers.

Stephen Gay will take up his role as the new director general of AIFA on 1 December, replacing Chris Cummings.

Freddie Mac has reported a Q3 loss of $4.1bn, built largely on bad home loans and dividend payments to the Treasury.

The FTSE had climbed significantly by lunchtime after positive results from a number of major companies.

Two people were arrested in London today as part of an FSA insider dealing investigation.

The government has announced a series of measures designed to help small businesses grow and access finance.

IFA services provider threesixty is looking beyond qualifications as it aims to help advisers find the right businesses model for the transition to RDR.

The US federal reserve could pump up to $1trn of extra QE into the economy to battle unemployment and encourage growth.

SMEs are increasingly turning to alternative sources of funding, although bank overdrafts remain a popular form of finance.

Lord Young has replaced Lord Sugar as the government's enterprise tsar, tasked with cutting red tape for small businesses and encouraging new start-ups.