Euro finance ministers are considering increasing the size of the eurozone's rescue funds which were set up to bail out indebted nations.

The number of complaints related to advising, selling and arranging rocketed from 647,000 in the first half of last year to almost 1.1 million in the second half, according to figures released by the FSA today.

Bankers could see bonuses capped at twice their basic pay and forced to return "golden hellos" if they fail to perform, under draft European rules being drawn up.

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Part-nationalised banks Lloyds and Royal Bank of Scotland (RBS) have announced plans to cut some 1,900 jobs in a move the Unite union called "brutal".

The Royal Bank of Scotland (RBS) and 17 former directors, including former CEO Fred Goodwin, have been hit with a £2.4bn legal claim from a group of investors.

Ratings agencies have refused to apologise for mistakes made in the run-up to the subprime mortgage crisis - and warned more errors could be made in the future.

The nationalisation and resale of Northern Rock will rake in a profit of up to £11bn for UK taxpayers, it was announced today.

The eurozone sovereign debt crisis poses the greatest risk to investment returns in 2012, say advisers.

It is far more likely the UK will retain its prized triple-A status than be downgraded, according to bookies.