National Savings & Investment (NS&I) is to close its Cash ISA and automatically transfer customers to its Direct ISA in May as part of long-standing plans to simplify its range of savings products.

David Bellamy, the chief executive of St James's Place (SJP), has said the business is "well positioned" to reap the benefits of the trading environment introduced since RDR as he revealed assets under management had reached record levels.

The chief economist of the International Monetary Fund (IMF) has asked the government to "take stock" of its austerity programme ahead of the next Budget in March.

The outgoing governor of the Bank of England (BoE), Mervyn King, has said it may be time to review the UK's inflation target, but rejected a suggestion by his successor that central bankers should abandon inflation targeting altogether in times of economic...

Providers including banks and insurance companies may be forced to part-fund compensation costs sparked by the failure of intermediaries, after the Financial Services Authority (FSA) re-drafted proposals on funding the Financial Services Compensation...

Barclays Bank staff who do not feel they can commit to new a new code of ethics should leave, its new CEO has said.

The Financial Services Authority (FSA) is planning to widen its review into firms' sales incentives following an assessment last year into operating incentive schemes that may drive mis-selling.

The scale of the fine due to be levied on the Royal Bank of Scotland (RBS) for its attempts to manipulate the Libor interest rate could be as high as £500m, according to reports.

J.P. Morgan Chase was last night ordered to improve its risk management following a $6.2bn (£3.8bn) derivatives trading loss highlighted by a London-based employee dubbed the "Whale".

The Serious Fraud Office (SFO) spent £1.3m on its ill-fated investigation into the collapse of Kaupthing Bank, a Freedom of Information (FoI) request has revealed.