Things we're reading today include … Stiff fines for reckless bank chiefs who fail to deal with scandals Lloyds pledge for investors after Spanish bank's £1.7bn bid for TSB China on collision course with EU and US over bank IT rules Manchester mutual sues auditor Grant Thornton for £49m after hedge led to loss HSBC…
Things we're reading today include … Rise of Turkish Islamic banks chimes with Erdogan's ideals The UK is stuck in the middle as the US and China fight it out for financial supremacy Monte Paschi's chairman aims to step down after cash call: paper Authorities closing in on hackers who stole JPMorgan data – NYT…
Our biggest stories of the past week are … Are we going through a Kodak/Nokia moment in banking? A brainstorming session with a group of banks raised this question: are we going through a Kodak moment in banking? Are we seeing a Nokia change? Will banks miss the tipping point and die from the reformation…
Things we're reading today include … TSB's small shareholders to cash in from £1.7bn Banco Sabadell takeover James Moore: Regulators must resist any pressure to wave the TSB takeover through TSB shares jump as Spain's Sabadell considers takeover offer Spanish bank in TSB takeover bid Challenger banks Challenger bank Shawbrook to list on London stock…
Things we're reading today include … Credit Suisse in swoop for Pru boss Tidjane Thiam Pru boss to head Credit Suisse More than £1bn wiped off Prudential after Tidjane Thiam's shock departure New Credit Suisse boss faces challenges Tidjane Thiam's success shows that shareholders aren't always right Jim Armitage: As Tidjane Thiam departs, the City…
Things we're reading today include … HSBC accused of incompetence by MPs HSBC bosses deny they knew about Swiss tax evasion I'm the right person to fix HSBC, says CEO Argentina challenges HSBC to condemn 'financial piracy' as it demands $3.5bn from Swiss accounts Barclays 'misleading shareholders' Credit Suisse to replace long-standing CEO Dougan: sources…
Things we're reading today include … LSE has gone from prey to predator NI start-up firms 'bypassing banks' After years of scandal, finally a 'civilised' bank Banks most at risk from Brexit, report says City is still vulnerable to sudden financial shock, MPs warn Treasury Now, even the Bank of England could have its collar…
Things we're reading today include … Serious Fraud Office probes the Bank of England … The shadow of criminality falls over Threadneedle Street Fraud office probes Bank auctions How banks may have rigged the Bank of England scheme built to keep them alive Banks borrowed up to £180bn from BoE under auctions probed by SFO…
Things we're reading today include … SFO launches investigation into Bank of England auctions amid rigging fears The UK won a key victory in Europe that goes to the heart of the EU's future Britain wins landmark ruling against ECB on banks Thousands more UK staff could see pay limited by EU bank regulator Banks…
