Regulation

JP Morgan has agreed to pay $5.1bn (£3.2bn) to resolve claims it misled mortgage lenders before the housing crash.

The Chancellor looks set to decide the future of the taxpayer-backed lender this week following a government-commissioned review of the business.

Some savers with up to £500,000 in their account will have their money fully protected by the government if their bank fails, under new European rules.

The Financial Services Compensation Scheme (FSCS) has paid out £5,696,776 in claims related to failed contracts for difference (CfD) trader Direct Sharedeal - with liabilities falling on investment advisers.

Attendees to the Institute of Financial Planning's (IFP) Scottish conference will get the chance to hear from Ian Woodall, a British climber who has conquered Mount Everest on several occasions.

The regulator is moving away from an over-reliance on static rules and regulations to a "good judgement" approach, and expects the industry to follow suit, Martin Wheatley has said.

A gang of investment fraudsters who conned 73 people out of £700,000 have been jailed for up to six years at Southwark Crown Court.

Skandia has abandoned plans to buy small stakes in IFA firms following conversations with the Financial Conduct Authority (FCA) in which the regulator said it was "uncomfortable" with the idea.

Barclays is considering controversial plans to dodge a new bonus cap from Brussels.

We are inviting advisory firms to enter the Professional Adviser Awards 2014.