National Westminster Bank has today been fined £264.8m at Southwark Crown Court for money laundering in one of the biggest cases of its kind in the UK. 

Former Greenpeace campaigner Eugenie Mathieu is to be one of a team of experts helping to run two new ESG funds being launched by Aviva Investors in an expansion of its range.

Royal London confirmed today it was offering exclusive talks with fellow mutual LV= about a possible merger after a £530m bid by US private equity firm Bain Capital for LV= collapsed last week.

The takeover of wealth manager Charles Stanley by US-owned rival Raymond James has been pushed back a month due to delays in securing FCA approval.

The FCA has today approved the £280m takeover of wealth manager Charles Stanley by rival wealth firm Raymond James.

Consumers facing financial difficulties due to being victims of economic or financial abuse will get more support in future, an industry trade body says.

The FCA has confirmed that the 45-year-old sterling LIBOR rate will be killed off at the end of the year.

Industry pension experts have expressed concern about new FCA retirement income data revealing that more than 40% of pension savers are withdrawing from their pension pot at an annual rate of 8% or more.

US fintech SS&C Technologies Holdings is to acquire the UK B2B investment platform Hubwise Holdings for an undisclosed sum. 

Treasury Committee MPs have questioned FCA CEO Nikhil Rathi over the regulator’s bonus scheme, fee rises and backlogs in firm authorisations.