WH Ireland's pre-tax profits have fallen 70% after a year of restructuring, but assets under management in its wealth division rose healthily.
HSBC's senior executives have apologised to a committee of MPs for the failings in its Swiss private banking arm which meant clients avoided paying millions in tax.
Mark Carney has urged G20 members to continue a "big push" for banking reforms, after suggesting that legislators maybe tiring of financial regulation.
Canaccord Genuity has criticised 'complacent' investment trust boards in a new report, suggesting they must modernise if they are to compete effectively in the funds market.
Several of the UK's major asset managers are falling short on stewardship and responsible investment practice, according to NGO ShareAction.
The London office of Germany's Deutsche Bank is being investigated by the Financial Conduct Authority (FCA) following concerns over the way it is run, according to reports.
The Financial Conduct Authority (FCA) is planning to gather evidence on current trends in complaints related to payment protection insurance (PPI).
Shrinking supply in the bank debt sector could be reversed if the Total Loss Absorption Capital rules come to pass, but will bank bonds become riskier? Annabelle Williams reports.
Asset managers in the US may face bank-style stress tests and a ban on the use of derivatives in retail funds in the latest initiative proposed by the Securities and Exchange Commission (SEC).
Consumer research undertaken by the Financial Conduct Authority (FCA) found 40% of consumers do not exercise their option to switch and instead purchase an annuity from their existing pension provider. The regulator found six key reasons why.