banks

Banks should brace themselves for a spate of claims from "disgruntled" bankers unhappy with their bonus payments, lawyers have warned.

The Financial Services Authority (FSA) will force banks, building societies and credit unions to prominently display information to customers about the Financial Services Compensation Scheme (FSCS).

The Financial Services Authority (FSA) is tightening its oversight of commercial property lending in a move which could increase the cost of loans significantly.

Shares in European financials have dropped in late trading as the latest European Banking Authority stress tests said the industry must raise €115bn in capital by June 2012.

The Treasury wants to force the highest paid staff at 15 of the UK's largest banks to publicly disclose their pay.

Tens of thousands of savers are receiving 0.4% return after tax or less following a rise in accounts paying derisory rates.

Banks must stop cross-subsidising products to claim some of them are free, a Financial Services Authority (FSA) director has said.

The Financial Services Authority (FSA) has told UK banks holding the money of investors in a Luxembourg life settlement fund not to allow the cash to be moved.

Most consumers believe the FSA failed to stand up to the banks in the run-up to the financial crisis and has not done enough to help consumers, according to a poll by Which?.

MoneySavingExpert's Martin Lewis has written an open letter to Prime Minister David Cameron urging him to push through compulsory financial education in schools.