The Financial Conduct Authority (FCA) has welcomed the parliamentary commission on banking standards' (PCBS) recommendations for reforming the banking sector.
The number of offers of redress from banks to customers who took out interest rate hedging products is set to increase "rapidly" over the coming months, the Financial Conduct Authority (FCA) has said.
Players such as banks and building societies could re-enter the equity release sector. Fiona Murphy asks industry players if this would be a good thing for the industry.
Figures from the Financial Ombudsman reveal how Britain's banking giants are wrongly throwing out 70 % of complaints about so-called packaged accounts - which cost customers up to £300 a year.
The extent of a widely-reported drop in confidence in the banking system has been highlighted by an independent study charting social attitudes over the last 30 years.
Financial Fraud Action UK (FFA UK) has released new fraud intelligence highlighting the growth of a phone scam in which fraudsters are targeting individuals to deceive them into revealing personal and financial information - or make payments into the...
Banks and building societies stepped up lending by 29% year-on-year to advance £16.6bn in July, Council of Mortgage Lender figures have revealed.
We ask fund managers which sectors they think will perform well as the UK economy starts to improve.
Half of payday loan customers have described their experience as "positive".
City watchdogs have pledged to pursue prosecutions against five or more banks accused of fixing Libor, as the probe into rigging of the key inter-bank lending benchmark intensified.