Barclays Bank has escaped an £80.5m fine but still must pay £72,069,400 for “failing to minimise the risk that it may be used to facilitate financial crime” relating to a £1.88 billion transaction.

Santander was ruled against in more ombudsman cases relating to life, pensions, and decumulation matters than any other firm in the last six months. Read more...

A financial advisory firm has brought in a director from Barclays Wealth and his former team to head up a new look national IFA operation.

The FCA has revealed which firms it has received the most complaints about, with Barclays Bank topping the list for investment products.