Browsing: Banking News
The government has said it will support a legislative amendment which will force British Overseas Territories to create public registers of company ownership, helping to address…
Lloyds Bank’s pre-tax profits rose 23% in the last year, despite pressure from PPI compensation claims according to the Financial Times. Pre-tax profits were £1.6bn, up…
An enquiry into alleged misconduct within National Australia Bank has uncovered a number of revelations including impersonation of clients and falsification of forms, according to the…
Credit Suisse’s chief executive has defended its stance on sanctions following criticism of big banks by US senators, according to Reuters. Chief executive Tidjane Thiam spoke…
The TSB banking app is now up and running for customers after a disastrous five-day period of customers being locked out or experiencing problems using the…
HSBC Holdings Plc has agreed to pay $100m (£71.3m) to settle private litigation over the Libor rigging scandal in the US, according to Reuters. The bank…
The US central bank has announced an interest rate rise to a target range of 1.5% to 1.75%, according to BBC News. The Federal Reserve said…
Goldman Sachs is no longer among the top three commodities banks, according to Reuters. The US-based investment bank has been in the top three chart since…
Paul Flowers, the former chairman of the Co-operative Bank, has been told he may never work in financial services in the UK again, according to Reuters.…
The Lord Mayor of the City of London has said the goal of mutual recognition between UK and EU regulations following Brexit is ambitious but achievable,…
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