Extensive cutbacks on hospitality spending risks curtailing the City's enjoyment of the 2018 season, which kicks off next week with the Chelsea Flower Show.
A former Deutsche Bank broker has been hit with a confiscation order Friday for more than £1m following a conviction for insider trading.
Despite initial promises to crack down on regulatory failings committed by individuals, the Financial Conduct Authority (FCA) has seen a significant fall in its numbers of cases actually being prosecuted.
Three-quarters of the staff and nearly all the senior managers at Royal Bank of Scotland’s new division, which supports struggling businesses, previously worked at its controversial Global Restructuring Group, which has been accused of pushing firms into bankruptcy.
Some of this is difficult to comprehend.
The incoming chairman of the Financial Conduct Authority has admitted to an “error of judgment” after investing in a controversial tax avoidance scheme that resulted in him repaying more than £100,000 to the taxman.
A confidential report into Royal Bank of Scotland is set to be published by MPs after it was widely leaked, revealing details of the bank’s treatment of nearly 6,000 struggling small businesses in the aftermath of the 2008 banking crash.
The boss of the Financial Conduct Authority has suggested he will publish the full report into Royal Bank of Scotland's restructuring unit GRG "in weeks", after a second probe has been concluded.