The UK government is in advanced talks to sell a significant stake in the Royal Bank of Scotland (RBS) to Abu Dhabi.
Former directors of failed banks could be banned from taking lucrative jobs in the City under plans being drawn up by the regulator.
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.
Business secretary Vince Cable has called for the Royal Bank of Scotland to be split up, in a letter leaked to the BBC.
Royal Bank of Scotland (RBS) shares have delivered an impressive return of 60% in the last three months amid a resurgence in risk appetite.
Shares in the Royal Bank of Scotland led the FTSE 100 leader board in early trading despite the group posting a larger than expected loss of £2bn.
The Royal Bank of Scotland (RBS) director responsible for remuneration has defended awarding chief executive Stephen Hester a bonus worth £963,000.
The past three years have been a tumultuous time for the financials sector, which has seen a phase of deleveraging, rights issues and balance sheet repair which continues to this day.