All posts tagged Banking
Banking reforms outlined by UK chancellor
New measures to reform the banking industry in the UK were announced today by Chancellor George Osborne. In a speech on the Banking Reform Bill, which is being introduced in Parliament today, the chancellor said that big banks will be …
US banks see higher earnings on capital market activity, mortgage refinancing
Increased capital market activity drove stronger earnings and increased profitability for major US banks in the third quarter of last year, according to ratings agency Fitch Ratings. Fitch said
UK’s Lloyds agrees to sell private equity portfolio to Coller for £1bn
British lender Lloyds Banking Group Plc (LON:LLOY) on Wednesday said it had struck a deal to dispose of a portfolio of private equity investments to a fund of
BBC Radio 4 explores ways to fix Britain’s broken banking system
On Saturday afternoon BBC’s Radio 4 reached the halfway point in a new series looking at what is wrong with British banking and how it might be repaired. ‘Fixing
The City spent £92m on lobbying politicians last year — report
The British financial services industry spent more than £92m last year lobbying politicians and regulators in an ‘economic war of attrition’ that has secured a string of policy
Banking industry inquiry expected to be announced
The UK government is expected to announce a review of the banking industry later today, after Barclays plc (LSE:BARC) was fined for trying to manipulate the London Inter-Bank
RBS chief executive will not take bonus after computer problems
The chief executive of the Royal Bank of Scotland (RBS) said today that he has decided not to take a bonus for this year. Stephen Hester's decision follows a
UK banking culture needs to change, says Bank of England governor
Bank of England governor Sir Mervyn King said today that action is needed to reform the structure and culture of the UK banking industry. His comments came after the
Dubai economy now on the up, say DED and HSBC Banking
Traditionally a treasure chest of good news for the financial and banking world, Dubai is boasting more positive data these days, according to reports by HSBC and
Shares down on continued worries over Spain and Greece
Worries over the situation in Greece and Spain sent shares down on the opening on Friday, with Spain's blue chip index falling by over 2% before recovering,


















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