Leading banks, building societies and insurance companies are being forced to embark on radical changes to the way they run their businesses under a new regime for "stress testing" announced today by ...

The FSA has proposed that every mortgage should be submitted with proof of income in a bid to crack down on mortgage fraud, in a move that will effectively put an end to self-cert and fast-track ...

About half of the eight million mortgages approved in the past five years would have been banned under the tougher affordability rules proposed by the Financial Services Authority (FSA), a study ...

The City watchdog has launched a second round of financial 'stress tests' on building societies, following on from their downgrading by ratings agency Moody's last month. The move signals a tougher ...

I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The Financial Services Authority today revealed for the first time the economic disaster ...

THE HEALTH of UK banks is being tested against their ability to withstand the worst recession since Second World War, the City watchdog said yesterday. THE HEALTH of UK banks is being tested against ...