First, a little background into the interest rate swap mis selling situation is perhaps required. Interest rate swaps were initially marketed to prote...

The Bank of England has chosen Andrew Bailey to be Mark Carney's deputy governor when he steps into the role later this year. Bailey will also hold...

Lloyds Banking Group has been fined £4.3 million by the Financial Services Authority for delaying claims payments for those who were mis-sold payment...

Swiss bank UBS has been fined £9.45 million for mis-selling the AIG Enhanced Variable Rate fund to hundreds of customers in the run up to the financi...

Bad news for banks, but good news for businesses on Thursday - The Financial Services Authority (FSA) has said it will investigate the mis-selling of ...

A bankers trade body has appealed to the Financial Services Authority (FSA) to introduce a time limit for customers who were mis-sold payment protecti...

The Co-operative Bank has been fined £113,300 by the Financial Services Authority for failing to handle payment protection insurance (PPI) complaints...

In a move bound to stoke controversy, the man blamed by politicians for the being "asleep at the wheel" in the build up to the collapse of Northern Ro...

Hector Sants - the former head of the City watchdog the Financial Services Authority (FSA) - is to become a game keeper turned poacher after being app...

Three men were arrested on Tuesday in connection with an investigation into the rigging of the interbank lending rate Libor, the Serious Fraud Office ...

The Treasury has announced that peer-to-peer lending will fall under the Financial Conduct Authority for its regulations, adding credibility and boost...

Downing Street has called for a speedy inquiry into allegations that Britain's £300 billion wholesale gas market has been "regularly" manipulated by ...

The City watchdog has said it was investigating claims that the wholesale gas market has been manipulated by some energy firms. The Financial Servi...

The financial watchdog and the Bank of England have received stinging criticism from MPs on the Treasury Select Committee over their behaviour during ...

Barclays Bank's announced today it has put aside a further £700 million to pay claims for mis-sold payment protection, taking its total claims pot to...

Rolls-Royce's financial director Mark Morris said banking regulators must engage with companies to understand the stresses on the 'real economy'. S...

Adair Turner, current chair of the Financial Services Authority, spoke at Mansion House in what many are describing as an open pitch for the Bank of E...

The city is waiting with baited breath for Martin Wheatley's Libor reform report after the British Bankers Association reportedly voted to relinquish ...

Bank of England boss Sir Mervyn King told Barclays its chief executive Bob Diamond no longer had the support of his regulators before he quit, MPs hea...

Hector Sants is to stand down as chief executive of the Financial Services Authority. He will leave the regulator at the end of June, the FSA confi...

The near-collapse of Royal Bank of Scotland (RBS) followed a series of "very poor decisions" by executives including Sir Fred Goodwin, the head of the...