I have a simple solution to avoid the next financial scandal whether it's CDOs or Libor - hire more women. I mean it. Seriously. Some of women's self-questioning, collaboration and prudence would act as a much needed balance to men's more gung-ho approach.

Campaigners warn that today is the day people are most likely to take out an expensive payday loan as they struggle to manage their finances after Chr...

A Government review will provide "credible" alternatives to the like-for-like replacement of Trident, a Cabinet minister said today. Liberal Democr...

The bonus pot at state-backed Royal Bank of Scotland will shrink this year as the bank pays an estimated £350 million fine for its role in the interb...

Banks need a certain amount of money to operate, when you invest money with them they will lend out or invest that money elsewhere. They will only maintain a small amount of the money deposited in a reserve, which allows investors to withdraw their money at will.

While the banking sector continues to flounder amid increasing regulatory scrutiny, London is once again at the forefront of financial innovation as a number of young companies forge ahead in trying to solve many of the pressure points associated with standard banking products.

If Argentina decides to carry out its promise not to repay vulture funds, it will come under huge international pressure and economic destabilisation. If we believe that the state's first duty to its citizens' welfare rather than international markets, we must support Argentina in spite of the propaganda.

Benjamin Strong was the first governor of the Federal Reserve from 1914 to 1928. He was also the first economist to use the interest rate to control the aggregate price of goods (the level of inflation), using credit based mechanisms called open market operations as the main tool to achieve his objective.

Despite the dark cloud hanging over the retail sector, in a difficult year that has seen a number of big name casualties, there is plenty of light at the end of the tunnel for those willing to embrace change, particularly for smaller businesses.

Thousands of people could be going without food, clothes and heating in order to pay back "payday loans", and the number of people taking on the credi...

Pigs might indeed fly before I get an online solution from a leading bank that actually gets close to what it could and should do.

Nearly a third of families have savings which will run out within five days if they are faced with a financial emergency, research has found. Some ...

For all their self-alleged sophisticated protestation, European banking entities have somehow ended roughly mirroring the very political disarray their CEOs blame for the slow deleverage levels in the industry and timid lending activity. That is, for their stubborn negative to accept that yesterday's boom succulent profits are today's poisonous hot air.