News

Britons rank second in a list of non-US nationals most keen to tip America's regulators off about suspected financial crime, according to the first annual report on the Securities & Exchange Commission's whistleblower program.

Lloyds Banking Group CEO António Horta-Osório is to return as group chief executive on 9 January 2012 after a period of medical leave.

Heavy selling of the euro saw it tumble through the $1.30 mark versus the US dollar late this morning to its lowest level since early January.

The fit note is failing to reduce employee sickness absence and may take five years to become fully integrated, the Chartered Institute of Personnel and Development (CIPD) has revealed.

NBNK Investments, the banking venture run by former Northern Rock chief Gary Hoffman, will call itself the New Generation Bank if its bid to buy more than 600 Lloyds branches proves successful.

Exiting advisers on the hunt for buyers for their firms are being warned to beware tempting deals which could have hidden pitfalls.

The National Employment Savings Trust Corporation (NEST Corp) has admitted scaling back its take up projections, and said the auto-enrolment delay for small businesses will increase its loan repayments.

Resolution founder and chairman Clive Cowdery has bought a further stake in the consolidation vehicle.

Financial services advocacy group TheCityUK, run by former AIFA director Chris Cummings, will conduct a review of UK defined contribution pensions.

The restrictions on the National Employment Savings Trust (NEST) may no longer be appropriate, two of its chief officers have said.