Barclays has said it intends to cut up to 12,000 jobs this year, including 7,000 in the UK, as it reveals it has upped its staff bonus pool despite a drop in profits.
More than 5,000 financial advisers, brokers and bankers have been sacked or suspended since the beginning of the financial crisis, according to Financial Conduct Authority (FCA) figures.
The Financial Services Compensation Scheme (FSCS) is to pay out £100,000 to around 400 savers after a Kent-based credit union collapsed.
Bradbury Hamilton, a London IFA that bought seven client banks last year and has completed almost 50 deals since inception in 1993, has targeted the Midlands for its next phase of buy-out activity.
HM Revenue and Customers has issued a warning to taxpayers not to be caught out by email phishing scams offering tax rebates in return for bank account or credit card details.
Our armchair critic wants more advisers to embrace direct marketing
Former Santander adviser Christopher Wathen has been handed an 11-year bankruptcy restriction after he was jailed for stealing clients' money and using it to fund his lifestyle and to gamble.
The Financial Conduct Authority (FCA) has appointed former Goldman Sachs managing director James Kelly as an adviser in its wholesale banking and investment management division within the supervision unit.
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Examining what final FCA guidance on inducements and conflicts of interest means for advisers...