Royal Bank of Scotland(RBS) nearly collapsed in 2008 because of poor management, inadequate regulation and a flawed supervisory system, a Financial Services Authority report published today has said.
The Financial Services Authority (FSA) is tightening its oversight of commercial property lending in a move which could increase the cost of loans significantly.
A group of Arch Cru investors have obtained figures which show the extent of the losses suffered by the fund range in the run up to its suspension.
The expected consolidation of providers in the SIPP market is being held up by fears over increased capital adequacy requirements, a provider has said.
The pursuit by the FSCS and FSA of advisers who recommended Keydata products looks set to create a domino effect that will cascade far and wide.
Regulators should be given greater powers to block hostile bank takeovers in order to avoid a future crisis like the one that forced Royal Bank of Scotland's (RBS's) into a £45bn taxpayer bail-out, the chairman of the Financial Services Authority (FSA)...
The Financial Services Authority (FSA) has warned investors against dealing with a clone of asset manager GAM.
The Office of Fair Trading has referred the private healthcare market to the Competition Commission (CC) and revealed a move by the FSA, ABI and health insurers to better inform customers.
As the Financial Services Compensation Scheme celebrates its tenth anniversary, what have been its successes and failings, and what do advisers make of the organisation?