Hundreds of offshore bondholders are 'disappointed' the Isle of Man's proposed Scheme of Arrangement (SOA) to compensate depositors in collapsed bank, Kaupthing Singer & Friedlander Isle of Man (KSFIOM) has been vetoed.
Complaints against mortgage intermediaries have doubled in the past twelve months, the Financial Ombudsman Service (FOS) says.
City finance professionals are so worried about the future that nearly 30% are planning to leave London, according to a survey by jobs website eFinancialCareers.
Spanish banking giant Santander is to rebrand its UK high street brands, with Abbey, Alliance & Leicester (A&L) and Bradford & Bingley (B&B) all to become known as Santander by the end of 2010.
Financial services firms helped the FTSE 100 Index make early gains on last nights 4,412 close.
Friends Provident has issued a circular to shareholders proposing the de-merger of F&C Asset Management from the main group, seeking a vote by 12 June.
Harry Nimmo's quality-orientated methodology, which he sticks to regardless of economic conditions, has helped make his UK Smaller Companies fund a top performer in the sector
Cecilia Liao, analyst at Citi Quilter, explains the pros and cons of investing through exchange traded funds
Peter Hicks, head of UK retail sales at Fidelity International, explains how the Retail Distribution Review will drive advisers to segment their business and why they will be better-off for it
UK fund managers with personal investments in UK equities believe the stock market has bottomed, according to research from Lloyds TSB UK Private Banking.