Nearly three-quarters of financial services practitioners support giving the regulator the power to ban retail products, research suggests.

Moody's says it could cut its ratings of 19 UK banks to reflect the lower chance of a future government bail-out.

The Japanese economy is "under strong downward pressure" in the wake of the damage caused by the earthquake and tsunami, the Bank of Japan (BOJ) says.

The FSCS has trimmed £6m off its earlier estimates for investment advisers' annual levy and the amount will instead be paid by the life and pensions intermediation sub-class.

The FSCS will prioritise the fund management sector ahead of IFAs when it rebates the interim levy with any recoveries linked to Keydata.

An investment company director has been charged with fraud for running a 'Ponzi' scheme which lost investors £6m.

The FSA has proposed linking the definition of a Holloway product to four key criterion, to pave the way for certain plans gaining exemption from RDR adviser charging rules.

Yorkshire Building Society has raised £750m to diversify its funding and help pay for its expansion in the mortgage market.

Low interest rates are leading investors to seek riskier investments to beat inflation which could be storing up future problems in the financial system, according to the Financial Stability Board (FSB).

Payouts on 25-year endowment policies have dropped below £23,000 for the first time, with the return for saving £50 a month so low savers would have done better in cash.