The Royal Bank of Scotland today vowed to restore its tattered reputation as the bank unveiled its £19.7bn capital injection plan and announced 2008 write-downs have tipped over £6bn.

The chief executive of Barclays has written to all 150,000 staff in an attempt to defend the bank's decision to raise £5.8bn from Abu Dhabi and Qatari investors rather than tap the Government for funds, reports The Telegraph.

Ascentric has appointed Mike Stacey as head of dealing, enhancing its service in funds and exchange based securities.

Eight in ten mortgage lenders have failed to pass on the full benefit of the last three interest rate cuts to their customers, according to Moneyfacts.co.uk.

A tumultuous year for the UK property market has prompted a ‘dramatic loss of faith' in bricks and mortar for funding retirement, Alliance Trust says.

Contributions to Child Trust Funds (CTF) are continuing to climb despite the gloomy market conditions, according to The Tax Incentivised Savings Association (TISA).

Mortgage Next has announced it will hold a workshop for brokers who want to know more about the self-build market.

The unsettling spectacle of markets crashing around us might have distracted the more routine aspects of advising clients in past months so advisers would be forgiven for parking Treating Customers Fairly (TCF) at the back of their minds.

Legal & General it to launch UK Special Situations trust to be run by Matt Fletcher, manager of UK Equity trust.

Lloyds TSB staff will have the same limits to their bonus payments as other banks taking advantage of the Government's capital injection scheme, the Chancellor said today.