Wealth managers

The Financial Conduct Authority (FCA) has banned and issued its largest ever fine of nearly £1m on a retail sole trader for sale and rent back failings.

The Financial Conduct Authority (FCA) has asked Hargreaves Lansdown to share details of its negotiations with fund groups over clean share class pricing.

A former UBS and Citigroup trader, one of three men arrested in December as part of a Serious Fraud Office (SFO) and City of London Police investigation into the manipulation of LIBOR, has been charged.

The Serious Fraud Office (SFO) is set to begin the first criminal prosecution in the LIBOR-rigging scandal and could charge a former UBS and Citigroup trader this week, The Times reports.

The Court of Appeal has overturned a High Court ruling which would have allowed a judicial review of a Financial Services Authority's Regulatory Decisions Committee (RDC) determination.

The Financial Services Compensation Scheme (FSCS) has declared 13 financial advice firms in default and invited customers to come forward with their claims.

The Financial Conduct Authority (FCA) is probing the potential manipulation of currency markets, following revelations a number of traders at leading banks have rigged exchange rates.

The Financial Conduct Authority (FCA) has fined Xcap Securities, a retail investment and capital markets business, £120,900 for failing to adequately protect client money and client assets.

Lloyds Banking Group has admitted to failings in its handling of payment protection insurance (PPI) complaints, following an undercover investigation.

Investors will be offered the chance to buy discounted shares in Lloyds Banking Group, as George Osborne plans to sell taxpayers' stake in the bank sooner rather than later.