Taxpayers could make billions from the banks they rescued during the financial crisis.
Citigroup is poised to sell Egg, its UK online bank, as part of plans to shed billions of dollars in unwanted assets.
The FTSE fell in early trading in reaction to losses on Wall Street overnight and a weak opening in European markets.
Interest rates will have to rise earlier and more sharply than expected to keep inflation under control, warn two former Bank of England policymakers.
The FSA has fined members of the Royal Bank of Scotland Group (RBSG) £5.6m for failing to have adequate systems and controls in place to prevent breaches of UK financial sanctions.
London's top stocks have given up some of yesterday's triple-digit gains in early trading, with the FTSE 100 down 0.72%.
Barclays Bank is sending female staff members into prisons across the country to recruit inmates as new customers.
An offer by US hedge fund CarVal to rescue Keydata backer Lifemark from liquidation is not "gone forever", say sources close to the situation.
The cost of capital for companies with controversial environmental and human rights records should be higher than more ethical companies, says Aviva Investors.
The FSA's new bonus rules are "fraught" with legal problems which could lead to endless challenges through the courts, PricewaterhouseCoopers (PwC) warns.