Merchant House Group (MHG) has entered administration for reportedly failing to honour guarantee that it would pay liabilities relating to its structured product arm, Merchant Capital.
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), has branded the previous watchdog - the Financial Services Authority (FSA) - "too robotic" in its approach to regulation.
A growing trend towards excessive risk-taking and lack of action to repair broken bank balance sheets could trigger a "chronic" new phase in the financial crisis, the International Monetary fund has warned.
Apple shares have hit their lowest levels in a year and half, after a supplier hinted at a slowdown in iPhone and iPad production.
The Financial Ombudsman Service (FOS) has ruled in favour of five clients who invested almost £2.6m via their IFA 20Twenty Independent in a film scheme.
The Financial Ombudsman Service (FOS) has issued a warning to consumers not to reply to fraudulent emails purporting to be from the FOS and asking for personal details.
Investment company Green Oil Plantations, which raised £24.4m mainly through self-invested personal pensions (SIPPs), has entered administration.
The boss of retail banking at Barclays has admitted that 2012 was a "very difficult year" for the bank, and said the decision to release details of staff's £38.5m bonus details on Budget day was a "mistake" but claimed it was not an attempt to bury the...
Emerging market sovereign bonds have become overpriced following a surge in inflows as investors hunted for higher yields, City Financial's head of multi-asset Mark Harris has said.