Royal Bank of Scotland (RBS) is set to undergo a major scaling-down of its investment banking arm.

The eurozone debt crisis will be resolved in 2012 with equity markets set to stage a strong recovery, according to Skandia Investment Group (SIG).

Education can provide "armour" against financial mismanagement and misleading advertising, MPs said yesterday.

The FSA's understanding of the platform industry has again been called into question after it sent an "odd" questionnaire to operators quizzing them on their relationship with fund managers.

Ashcourt Rowan has appointed Ofcom's Richard Sinclair, MBE, chief operating officer as part of a shake-up of its senior management team.

NBNK Investments, the banking venture run by former Northern Rock chief Gary Hoffman, will call itself the New Generation Bank if its bid to buy more than 600 Lloyds branches proves successful.

Bank of England chief economist Spencer Dale has predicted inflation will fall to around 3% early next year and is confident the latest round of quantitative easing will prop up the economy.

Shares in RSM Tenon have dived after the firm said adverse economic conditions have impacted its trading performance.

Software provider IntelliFlo is putting in place a four year £10m investment programme whilst also announcing an enhanced integration with the Standard Life wrap.

The Money Advice Service has revealed it is axing 60 job roles as part of a restructure, just eight months after it launched, while the CEO enjoys pay before benefits of £250,000 a year.