The Financial Conduct Authority has fined Lloyds Bank, Bank of Scotland and The Mortgage Business over £64m for failures in relation to their handling of mortgage customers in payment difficulties or arrears.

The FCA has today fined Bank of Scotland (BOS) £45.5m for failures to disclose information about its suspicions that fraud may have occurred at the Reading-based Impaired Assets (IAR) team of Halifax Bank of Scotland.

More than 400,000 Scots have fallen victim to a financial scam at some point in their lives, new research by Bank of Scotland and YouGov has revealed.

The CISI has appointed a new President for its Essex branch.