Banks in the eurozone will suffer "considerable" loan losses in 2010 and 2011, potentially leading to €195bn (£165bn) in futher write-downs, the European Central Bank (ECB) warns.

The Chancellor is "listening" to concerns about a planned rise in capital gains tax (CGT), Work and Pensions Secretary Iain Duncan Smith has said.

HM Revenue & Customs (HMRC) accidentally sent out other people's private details, including bank account data, to thousands of customers.

David Cameron has hinted he is preparing a climb-down on raising capital gains tax (CGT), after the planned move stoked open rebellion from his own party.

The Financial Services and Skills Council (FSSC) has appointed Liz Field permanent chief executive.

The row over raising capital gains tax (CGT) to the level of income tax has spiralled all the way to the Treasury, with a senior Tory MP writing to the department in protest.

Banks must be taxed to end forever the 'unacceptable' bail-outs which cost taxpayers billions, the EU's chief financial regulator says.

A group of investors are poised to bring legal action against the FSA for allegedly mismanaging, and losing, $17.5m of their money.

Government opposition to forced annuitisation ignores the fact people want to buy the products, argues deputy chief executive of Prudential UK Barry O'Dwyer.

Legal & General group chief executive Tim Breedon will take over as chairman of the ABI in July.