Regulators have fined the Royal Bank of Scotland (RBS), NatWest and Ulster Bank £56m for IT failures which meant customers could not access banking services.

The Financial Services Consumer Panel (FSCP) is calling on the regulator to implement "radical, structural reform" of how fund managers charge investors, in a damning report on the problem of "cost opacity and control" in the industry.

Japan's economy unexpectedly shrank for the second consecutive quarter, marking a technical recession in the world's third largest economy.

"Red warning lights" are once again flashing over the state of the global economy, the Prime Minister has said.

A financial adviser has narrowly escaped prison after stealing £30,000 from a vulnerable widow and her disabled son before fleeing to start a new life in Portugal.

Pensioners in the UK are using equity release to boost their income by an average of £67,500, according to analysis carried out by over-55s financial provider Key Retirement.

Poor advice claims that have cost restricted national adviser Origen at least £3m in reviews and redress - and pushed it further into the red this year - are the fault of advisers who have exited the firm, not the current team, business development director...

Actuary Punter Southall group has bought employee benefit and private client financial planning firm Blacktower Financial Advisers.

Prudential has been paid £155m for the sale of its 25% stake in PruHealth and PruProtect to South African insurance group Discovery.

Codename Project Minerva: Sesame's past business review uncovered