New business at insurance giant Aviva was up 18% in the three months to 31 March, reaching £191m, according to its latest results.

AXA Wealth's Elevate platform has seen assets under management increase 50% from £4bn to £6bn, according to its first quarter results.

George Osborne has said the Bank of England's new Financial Policy Committee must provide "consistent messages" so it does not risk jeopardising the economic recovery.

Assets under management at wealth manager St James's Place were up £4.2bn to a record £39bn, according to the group's interim results.

Co-operative Group has pulled out of a deal to buy 632 branches from Lloyds Banking Group, saying it was not in the best interests of its members to proceed.

Chief executive of the Prudential Regulation Authority (PRA), Andrew Bailey, has said it is "more than odd" that the top bosses in control of failed banks have avoided formal charges.

Former HBOS chief executive Sir James Crosby is to give up his knighthood, according to reports.

Fund managers will pay £41.8m to fund new regulator the FCA (Financial Conduct Authority)in 2013/14, up 15.7% on the £36.1m they paid towards predecessor the FSA last year.

Barclays reputation was hit when it refused to comply with the spirit of financial regulation and by allowing a group of elite investment bankers to "lose a sense of proportionality and humility", a report has found.

A group of Royal Bank of Scotland (RBS) shareholders have today launched a £4bn legal action against a number of top ex-directors, including Fred Goodwin.