Allegations about the way Royal Bank of Scotland treats its small businesses have resurfaced after senior executives from the bailed-out bank were accused of being "wilfully obtuse" when giving evidence to MPS.
More than a dozen hedge funds, with assistance of Barclays and Deutsche Bank, used “dubious” financial products to claim billions in unjustified tax savings and circumvent rules meant to limit risky bets, a Senate subcommittee investigation has found.
The chairman and three other board members of the Financial Conduct Authority faced calls to quit on Thursday because of conflicts of interest related to the ongoing investigation into the collapse of HBOS.
A global regulatory body chaired by Bank of England governor Mark Carney has found that activity in foreign exchange markets is 10 times greater during a crucial trading period that is already the subject of a wide-ranging international investigation.
The main City regulators have warned former managers of HBOS that they faced possible fines and being banned from the Square Mile after they broadened their investigation into one of Britain's most infamous bank failures.
Shareholders in Banco Espirito Santo were hoping to resolve concerns about the fate of the institution at an extraordinary general meeting on 31 July in Lisbon.
The Vatican bank has announced a plunge in net profit last year after a "painful but necessary process" of reform saw it close thousands of accounts, wind up investments and hire expensive external experts to help with the clean-up.
Total fines issued by the Financial Conduct Authority have fallen in the first half of 2014 compared with the same period of 2013.
Forecasters have good news for those fearing that Britain faces a long, slow decline into economic mediocrity: the UK will still stand tall among the world's biggest economies in 2030, having overtaken France and even made progress on closing the gap with Germany.
Big stock market investors are not doing enough to push companies to ensure bosses' pay deals reflect their long-term performance, according to one of the biggest fund managers.