Things we're reading today include … HSBC says reform pressures unprecedented as first half profits drop HSBC half-yearly profits fall by 12% HSBC hopes interim results will give respite from Muslim accounts furore HSBC writes to Chancellor to plead for Vickers reform delay Barclays moves up US dealmaking ranks Bafin intensifies Libor probe at Deutsche…
Our biggest stories of the past week are … Fintech is the place to be (and so is London) I was reflecting on the number of new companies starting new ventures in financial services, and wanted to quantify the numbers somehow. This cropped up because almost everywhere I go, there’s a fintech start-up or start-up…
Things we're reading today include … Lloyds first-half profits plunge as cost of PPI compensation tops £10bn Lloyds prepares to resume dividends TSB and Santander take customers from bigger banks Santander: Bank clawback rules threaten UK BNP suffers record loss after US fine MasterCard profit rises 10 percent as card usage grows Credit Suisse dragged…
Things we're reading today include … Bankers face seven-year clawback on bonuses and jail UK bankers feel shortchanged by bonus clampdown Bank bonus clawbacks could damage City, industry warns Vince Cable welcomes clawback on bankers' bonuses This latest round of banker bonus bashing is ludicrous Barclays first half profit declines 7pc Barclays dragged down by…
Things we're reading today include … Bank denies burlesque dancers business account because they are 'moral problem' Europe’s investment banks bounce back To FICC or not to FICC? UBS and Deutsche try to answer the question Deutsche Bank profit rises as investment bank focus pays off Deutsche Bank takes lead in fixed income UBS sees…
Things we're reading today include … Lloyds to pay £218 million in fines over Libor rigging Mark Carney considers further action over £218m Lloyds fine for rigging fees owed for taxpayer Exclusive: Goldman moves executive to new role building ETFs Is Standard Life preparing a new headquarters outside Scotland? Citi to hire 100 bankers in…
Things we're reading today include … Rise in younger fraudsters says KPMG JP Morgan questioned on private bank impropriety: WSJ Banks to report bumper profits as bad loans fall 'Community banks' to avert debt trap Banks named in silver-fix lawsuit 'You are too old for a credit card', bank tells customer Trust Goldman Sachs to…
Things we're reading today include … Computer hacker tries to extort money from ECB Barclays fights for dismissal of US legal action over dark pool traders Barclays attempts to have 'dark pool' fraud lawsuit thrown out of court Barclays defends ‘dark pool’ venue Dark pools – what Barclays is being accused of Standard Chartered backs…
