Royal Bank of Scotland, the part nationalised bank baled out by the government, plans to rebrand under the NatWest name later this year.

Expanding investment management and Financial Planning group Tilney has appointed Gary Jasper as a Financial Planner at its Chelmsford office as it ramps up recruitment.

AFH has acquired York-based IFA and wealth management firm Corville for £2.9m.

The FCA and Prudential Regulation Authority have today jointly fined Royal Bank of Scotland Plc (including NatWest and Ulster Bank) a total of £56m for IT failures in June 2012 which prevented the banks' customers from accessing banking services for several weeks.