More than 20 fund management groups are to set to make a formal offer to buy 315 Royal Bank of Scotland (RBS) branches, the Sunday Times reports.

Chancellor George Osborne is to bring forward the introduction of the flat-rate state pension and the cap on social care by a year.

Barclays chief executive Antony Jenkins has suggested the growing automation of the banking system could result in massive job losses over the next ten years.

Insurance giant Legal & General (L&G) has reported increased operating profit of £1.09bn in 2012, beating analysts' forecasts thanks to double digit sales growth.

A Supreme Court victory for the Financial Services Authority (FSA) could result in the regulator becoming more litigious, according to law firm Taylor Wessing.

Architas, the investment arm of AXA Wealth, reported assets rose 20% from £9.4bn to £11.3bn in 2012.

Andrew Bailey has been named as the chief executive of the Prudential Regulation Authority (PRA), as well as being appointed to the new role of deputy governor for prudential regulation at the Bank of England.

The Financial Services Authority (FSA) has fined three Lloyds Banking Group firms a total of £4.3m for failings that resulted in up to 140,000 customers receiving delayed payment protection insurance (PPI) redress.

The UK will avoid falling into a 'triple-dip' recession but external forces still pose a danger to the economy, according to the Confederation of British Industry (CBI).

Barclays is set to close its 'tax avoidance' unit and announce a series of job cuts in its annual results, according to reports.