The Lloyds Banking Group, the 41% taxpayer-owned institution, has returned to profit in the first three months of the year.

Prudential's largest shareholder, the Capital Group, is eying a potential break-up of the insurer as a radical alternative to its $35.5bn AIA acquisition.

Cazenove's Neil Pegrum is leaving the firm after five years to take up a role at Soros Fund Management.

Peter Hargreaves is, according to The Sunday Times Rich List, the 111th richest person in Britain and Ireland. So how did business partner Stephen Lansdown fare?

Gartmore fired one of its senior traders for breaching rules just weeks before the suspension of star fund manager Guillaume Rambourg.

Invesco Perpetual has appointed industry veteran Nick Mustoe as its new chief investment officer, replacing Bob Yerbury.

Britain's gross domestic product is expected to have expanded 0.4% in the first quarter of 2010, according to a survey of City economists.

Prudential is planning a secondary listing on the Singapore Stock Exchange in addition to its dual primary listing in Hong Kong.

UK Government borrowing reached a new peak in 2009/10 but undershot the figure forecast in the Budget.

David Elms, the former chief executive of IFA Promotion, died on Tuesday following a short battle with cancer.