More than 100 US bank have now failed this year after US federal regulators closed down a trio of small Florida banks, according to the BBC.

Paradigm Group has announced Fortis Life as its new strategic partner.

The British Standards Institute (BSI) will develop a standard for compliance by retail and wholesale financial firms in the UK.

Confidence among active investors is at its highest in three and a half years, suggests research by the Association of Investment Companies (AIC).

Global consumers are still confident about offshore investment products, despite the sector being badly hit by the collapse of Landsbanki and Kaupthing Singer & Friedlander IOM, according to a survey by Skandia International.

Maggie Craig will be interim director general of the ABI until a replacement for Stephen Haddrill is announced, the trade body said today.

Risk assets and emerging markets are more attractive to investors now compared with six months ago, according to a survey by Schroders.

Aviva became the talk of the City yesterday after it emerged that its £2.2million-a-year chief executive was involved in an office love triangle.

"A stricter examination regime will weed out the people that shouldn't be in this business."

Bluefin's head of strategic development Ian Shipway wonders how close IFAs are to calling themselves professionals?