Lloyds raises another £3.3bn in US mortgage bond deal

Lloyds has raised another £3.3bn as it continues to strengthen its reserves and dispose of assets that are not part of its main UK banking business.

Banking reform 'still does not go far enough'

The government's proposed reforms of the banking sector still do not go far enough, according to a banking commission set up in the wake of the Libor scandal.

Banks to pay for 'swap' mis-selling, FSA demands

Four banks will now compensate tens of thousands of small businesses who were mis-sold complex insurance deals, says the Financial Services Authority.