News

European officials are working on a grand plan to save the eurozone involving a massive bank recapitalisation, giving the bail-out fund several trillion euros of firepower, and a possible Greek default.

The Financial Services Authority (FSA) is losing an increasing number of employees as the City regulator moves closer to being broken up.

Oswald Gruebel, the chief executive of Swiss bank UBS, has resigned over an alleged £1.5bn ($2.3bn) rogue-trading loss.

NatWest International Personal Banking (IPB) has launched the Platinum Deposit range, a 1 and 2 year account for expat savers who want the security of fixed interest rates. These two new deposit accounts provide both guaranteed rates and up to three interest...

Employers are recognising the importance of a healthy workforce while employees have admitted they would work harder for one who invests in their health.

The FSA today said it "welcomed" the government's intention to give regulators new powers to publicise when a warning notice has been issued against a firm, but claimed they do not go far enough.

The FSA today confirmed the merger between the Yorkshire Building Society and its smaller rival Norwich & Peterborough(N&P) which will complete on 1 November.

Five of this week's best-read articles...

French insurer Axa is to sell its £18bn private equity arm, according to reports.

Incomes from annuities have fallen 14% since the start of the year due to stock market turmoil.