The High Court has ordered three companies involved in a £3.2m scam selling carbon credits to investors at inflated prices into liquidation following an investigation by the Insolvency Service.

Royal Bank of Scotland (RBS) has settled lawsuits with Gary Cottle, the former head of risk at its investment banking division, over a £700,000 bonus.

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Royal Bank of Scotland's (RBS) defence against a £4bn lawsuit from shareholders contradicts evidence given to MPs by former Financial Services Authority (FSA) boss Hector Sants, it has emerged.

A committee of MPs has called for a ban on payday loan advertising on children's television, but the industry has dismissed their concerns.

A trust designed to safeguard the assets of investors in troubled overseas property company Harlequin is on course to be set up by the end of January 2014, the company has said.

The Financial Services Compensation Scheme (FSCS) has begun contacting clients of failed firm Tailormade, which was a major distributor of troubled overseas property company Harlequin Property.

The Financial Conduct Authority (FCA) has fined insurance broker JLT Specialty £1.8m for an "unacceptable" approach to bribery & corruption risks from overseas payments.

Guy Opperman, Conservative MP for Hexam and secretary of the All Party Parliamentary Group on Arch Cru, is "reluctantly" urging his constituents who lost money in the scandal to accept the deal put forward by Capita to recoup some of their investment....

The Financial Conduct Authority (FCA) has won its case at the Upper Tribunal to ban former derivatives trader David John Hobbs from performing any role in regulated financial services for lying to the regulator.