JP Morgan Cazenove has been listed as the world’s best financial adviser and stockbroker in the latest quarterly guide from Adviser Rankings.

Barclays and Coutts, the UK’s biggest private bank, are both working on video banking services to allow customers to speak to an adviser remotely using their mobile device.

In an attempt to broaden financial inclusion, the Reserve Bank of India (RBI) has published guidelines that will allow non-traditional entities like telecom providers, retail chains and corporate houses to set up their own banks.

Multinational non-profit organisation the International Islamic Financial Market (IIFM) is developing template trade finance and corporate finance contracts to make it easier for financial institutions to process transactions without breaching sharia law.

Edison Investment Research has announced the appointment of equity analysts Peter Thorne, Jenny Ping and Kim Fustier at its London office.

Damaging corporate cultures are so deeply ingrained in the finance industry that is unlikely to change until current bankers retire, is the implication of new research.