The Financial Services Authority (FSA) has fined Swiss-based French hedge fund manager Stefan Chaligné £900,000 and handed out a lifetime ban for market abuse.
The LIBOR system is "broken and needs a complete overhaul", according to Financial Services Authority (FSA) head of conduct Martin Wheatley.
The salary and pension deal for the next governor of the Bank of England is still 'undecided'. the BBC reports.
The next governor of the Bank of England will be found in the coming months after the post is advertised for the first time on Friday.
HM Revenue & Customs (HMRC) has brought in £500m in extra tax, after the creation of a crack unit focused on the country's wealthiest people three years ago.
The Investment Management Association (IMA) has issued a series of alternatives to the Financial Services Authority's (FSA's) "perverse" proposed changes to the Financial Services Compensation Scheme (FSCS), having previously criticised its unfair treatment...
The government has admitted it is ‘difficult' to ascertain the impact of the LIBOR rigging scandal on consumers and whether banks will have to pay out compensation as a result of it.
Barclay's former chief executive John Varley is at the centre of the Financial Services Authority's (FSA's) latest investigation into the bank, the Sunday Telegraph reports.
The majority of advisers are unclear how the Retail Distribution Review (RDR) will affect their business, according to a survey conducted by BlackRock.
HSBC is in talks to settle with US regulators over a money laundering investigation, but increased regulatory scrutiny has led to S&P cutting the bank's credit rating.