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The Financial Services Authority warns banks on mortgage arrears
The Financial Services Authority has warned banks that they are still failing to treat customers who fall behind with mortgage payments fairly.

Rosdi Amin Is New HSBC Head Of Personal Financial Services
Bandar Seri Begawan - Effective December 1, HSBC's Deputy Chief Executive Officer Rosdi Amin Yaakub have officially taken up a new role as head of Personal Financial Services.

FSA Statement: David Lipsey to resign as chairman of Financial Services Consumer Panel
The Financial Services Authority (FSA) today announced that Lord Lipsey has resigned as chairman of the Financial Services Consumer Panel. “I have accepted the resignation of David Lipsey as chairman of the Financial Services Consumer Panel.

London Scottish Bank files for protection
LONDON, Dec. 1 (UPI) -- London Scottish Bank filed for court protection Monday after the Financial Services Authority declared it could no longer accept deposits.

Bank forced into administration
London Scottish Bank goes into administration after the Financial Services Authority steps in to guarantee all retail deposits.

Clearer segments will help improve listing regime
The Financial Services Authority (FSA) has today published a feedback statement following its review of the structure of the Listing Regime.

FSA closes London Scottish Bank
Struggling consumer finance group London Scottish Bank has gone in to administration after the Financial Services Authority stopped it accepting new deposits after it failed a source of new funds to boost its regulatory capital position.

FSA appoints CheethamBell JWT to guidance service
The Financial Services Authority and the Treasury have appointed CheethamBell JWT to handle a £12m campaign to support the launch of the Money Guidance Pathfinder in the North-east and North-west of England.

World News In Brief

All Blacks' coach hails 'intriguing' World Cup draw
New Zealand coach Graham Henry said the prospect of the All Blacks facing Kiwi heartbreakers France in the opening match of the 2011 Rugby World Cup was "intriguing".

Rugby World Cup draw may not be kind to Canada whatever happens
The shortest road to the 2011 Rugby World Cup could end up being the most painful for Canada.

It?s Still Making the World Go ?Round
Niall Ferguson?s latest book, ?The Ascent of Money: A Financial History of the World,? went to press in May 2008, but it shrewdly anticipates many aspects of the current financial crisis.

World markets slump on economic gloom
World stocks slumped Monday, giving up about half of last week's gains after a raft of weak economic data from the U.S., Europe and elsewhere renewed fears that the global economy is in the midst of a prolonged economic downturn.

World AIDS Day 2008: Much accomplished, much to do
When we commemorated the first World AIDS Day on December 1, 1988, we had little to celebrate.

Governments tackle HIV stigma on World AIDS Day
Governments across the globe pledged Monday to step up the fight against HIV, promising to bankroll treatment programmes on the 20th annual World AIDS Day.

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