HSBC

The project to bring about an income protection (IP) quality standard (QS) has been abandoned.

Banks led markets sharply lower in early trading after a long-awaited report from Sir John Vickers and the Independent Commission on Banking proposed a radical shake-up of the sector.

HSBC has listed a broad emerging markets ETF on the London Stock Exchange as it continues its focus on providing emerging markets access to its clients.

RBS, HSBC and Barclays ignored warnings from third party advisers before selling on billions of dollars of toxic mortgage debt to Fannie Mae and Freddie Mac in the lead-up to the financial crisis, court papers have alleged.

If buying a physically-backed ETF sounds like a safer alternative to synthetic products, it might be time to reconsider that belief as Helen Fowler discovers in the first of a series looking at some of the issues raised by regulators' comments on ETFs...

10am: Global markets are continuing to trade in positive territory, building on yesterday's gains, with investors eyeing up value in depressed banking stocks which have been heavily sold off.

High street banks are moving assets they find difficult to sell off their balance sheets and into their staff pension funds.

Investec Structured Products has unveiled its latest collection of plans, which are available until 26 August 2011.

The IMF has said Britain's economy has less capacity to grow quickly over the next few years than the government had hoped, raising the spectre of more tax rises and spending cuts to keep Britain's recovery on track.

Banking giant HSBC has reported a surprise rise in profits but still plans to shed thousands of jobs and exit operations in 20 countries.