A major building society has been fined £1.4 million and must pay £51 million compensation to customers after it mis-sold investment products in collapsed firm Keydata Investment Services.
British banks should ring-fence their retail businesses from investment banking operations to protect savers' deposits under proposals outlined by the Independent Commission on Banking (ICB) today.
We are in the thick of the cash Isa season with providers all feverishly competing for your money before the deadline to use this year's allowance closes next week.
28 March 2011
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