The UK government is looking at fully nationalising beleaguered bank RBS in an attempt to kick-start lending to British businesses.
The Financial Services Compensation Scheme (FSCS) has confirmed that it has begun paying out on claims relating to Arch Cru.
The Association of Independent Financial Advisers (AIFA) has criticised a proposed redress scheme for investors in Arch Cru.
Wealth manager St James's Place (SJP) is offering a range of extra services to strengthen relationships with new and existing clients.
The Financial Services Authority (FSA) has laid bare some of the sales practices adopted by firms in the now-defunct sale and rent back (SRB) market, including evidence one firm charged clients up to £40,000 on single transactions.
The management at Swindon-based Intrinsic Financial Services has bought out shareholder Lloyds Banking Group in a bid to make the company saleable.
The Financial Services Authority (FSA) has appointed Bill Sillett as head of retail enforcement, replacing Tom Spender.
The incoming Financial Conduct Authority (FCA) must "act more swiftly" than its predecessor the Financial Services Authority (FSA), and ensure it utilises the full powers at its disposal, a body representing consumer interests has recommended.
Financial advisers working in banks will have a tougher time than IFAs persuading clients to part with a fee for their services, research suggests.