Aegon UK made a loss before tax of £22m in the fourth quarter of 2011, dragged down by further redress payments following administrative problems at Scottish Equitable and a slump in life and pensions sales.
The European Fund and Asset Management Association (EFAMA) is calling on the US government to extend its intergovernmental approach beyond the five countries listed in a recent joint statement.
The latest people on the move in international finance.
HSBC encouraged bank staff to refer customers to the Nursing Home Fees Agency (NHFA), according to an alleged training video.
The Royal Bank of Scotland (RBS) director responsible for remuneration has defended awarding chief executive Stephen Hester a bonus worth £963,000.
A Legal & General employee has been arrested as part of an investigation into insider dealing by the Financial Services Authority (FSA) and Serious Organised Crime Agency (SOCA).
Ellipse has agreed a deal with a children's bereavement charity to provide counselling services for all group life claimants.
Terry Smith, the City veteran and founder of low cost fund management group Fundsmith, has attacked platforms in the UK for adding to the overall cost of investing in funds.
Merchant Capital has warned some of its clients may suffer losses due to an ongoing Financial Services Authority (FSA) investigation into its custodian company Pritchard.
It is far more likely the UK will retain its prized triple-A status than be downgraded, according to the bookies which seem unperturbed by the recent ratings agency threat.