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Sir Fred Goodwin will today ask shareholders in Royal Bank of Scotland to support the biggest rights issue in corporate history, The Guardian reports.

THE Chartered Insurance Institute's (CII) second annual skills survey has revealed a worsening skills shortage in the financial services sector.

Hugh Osmond, the serial entrepreneur, is considering relocating Pearl Assurance, his financial services group, outside the UK for tax purposes, in the latest sign that frustrated businesses have lost faith in the Labour Government, The Times reports....

Barclays Capital has launched two new structured deposits designed exclusively for offshore bond investors.

Progressive Developing Markets has announced it is to place $50m-100m of new shares in its Advance Frontier Markets fund. The closed-ended fund raised $85m at its launch in June last year but Progressive now wants to boost its size to increase the fund's...

Uncertain times lie ahead for the protection sector following the publication of the Financial Services Authority's (FSA) interim report on the retail distribution review (RDR) last week.

The City of London will cut 10,000 jobs over the next three years as the credit crunch hits the world's biggest banks, The Telegraph reports.

THOSE facing retirement are more concerned than ever about their financial security and income in retirement, according to a new report from LV=.

ANNUITY rates have hit their highest levels for several months, but the long term trend remains downwards, according to Alexander Forbes Annuity Bureau.

The Bank of England's Monetary Policy Committee kept UK base rates on hold at 5% at today's midday policy setting meeting, following last month's cut.