The Office of Fair Trading (OFT) has announced a probe into parts of the investment banking industry.
The investigation will focus on the prices which investment banks charge for services such as advising companies and underwriting share offers.
The study will examine whether parts of the work done by investment banks may affect competition or consumers, writes the BBC.
It will look at rights issues and other types of equity-raising by the 350 largest UK public companies.
Firms whose UK business includes an investment banking arm include Royal Bank of Scotland, Barclays, Goldman Sachs, Morgan Stanley and Citigroup. FULL STORY...
CBI calls for reduced taxes on rich and big spending cuts
The CBI will today demand the public sector bear the brunt of Britain's deficit reduction as it urged the government to spare the better-off from radical changes to capital gains tax.
In its Budget submission that drew accusations of special pleading from the TUC, the employers' organisation called on George Osborne to water down plans to raise revenue from the better-off through tougher CGT rules and by restricting tax relief on pensions.
The CBI also said it wanted the Chancellor to bring the top rate of income tax back down from 50% to 40% as quickly as possible, writes the Guardian.
Richard Lambert, the CBI's director-general said it was vital for the government to restore financial market confidence in the public finances by bringing Britain's record peacetime deficit rapidly under control. FULL STORY...
'Annuities reinvented' paper
As US dollar strengthens
Introducing the Architas education series for clients.
What made financial headlines over the weekend?