All posts in Banking And Finance

Bank of England

Bank of England declares results of first concurrent stress testing exercise of UK banking system

Eight major UK banks and building societies have participated in the first concurrent stress testing exercise of the UK banking system, the results of which Britain’s central bank the Bank of England revealed on Tuesday. The 2014 UK stress test […]

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The City of London

Newly created Local Capital Finance Company  (LCFC) ready to launch in UK

A UK bonds agency, Local Capital Finance Company (LCFC), has been initiated to save local government more than GBP1bn in borrowing costs for investing in new infrastructure, the

The City of London

FCA identifies future risks in UK annuities market

UK financial regulatory body the Financial Conduct Authority (FCA) announced on Thursday that it has published a market study that analyses the annuities market.

Banking Software

BBA chooses Confirmation.com as preferred partner to provide secure online audit confirmations

A new online service designed to make auditing safer, faster and more secure has been unveiled by a UK association for the banking sector,

Bank of England

FCA financial crime review reveals ineffective risk management by some financial service providers

Financial crime risk reviews, enforcement action, and proposed new guidance published on Friday by the UK Financial Conduct Authority (FCA) indicate that many small financial service

London Finance

FCA proposes new restrictions for distribution of mutual society share capital instruments

The Financial Conduct Authority (FCA), the UK's regulator of financial firms and financial advisers, revealed on Tuesday that it is conducting a consultation on new restrictions that are

euro

Turnover increases in Euro money markets

Segments of the Euro money markets grew by 4%, to EUR79trn in the second quarter of 2014, compared to the second quarter of 2013, according to the Euro

Payday loans

Estimated 62% of young adults relying on  payday loans to make ends meet

Young British people aged 17 to 24, who are struggling to make ends meet, are turning to risky credit options according to figures released on Thursday by consumer

China

UK government successfully issues first Renminbi sovereign bond

A sovereign bond valued at RMB3bn, has been issued by the UK government, the first western country to issue a bond in Chinese currency, the economic and finance

HSBC Canary Wharf

CBI/PwC survey shows UK financial services firms returning to profit

Financial Services companies in the UK are seeing a return to profit and are recruiting more staff, according to 100th CBI/PwC survey of the financial services sector released

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