Things we're reading today include … Mansion House speech: Chancellor George Osborne to lay out plan to clean up the markets Osborne targets banks and traders Exclusive: U.S. using JPMorgan penalty to speed cases against other banks HSBC sells 400,000 pensions to Swiss Re China Construction Bank to be first UK clearing bank for renminbi…
Things we're reading today include … Tesco enters current account market Tesco and TSB take on a massive challenge Bank of England sends in hackers to test lenders’ defences Bank of England launches cyber crime unit Wilbur Ross sells Irish bank stake Royal Bank of Scotland chief receives shares worth almost £1.5m Staff in Harlesden…
Things we're reading today include … England will win 2014 World Cup, says Germany's biggest bank Tesco Bank current account: is it any good? Branson backs money transfer start-up Bank of England warns of Ukraine war threat to financial markets High-risk mortgages account for almost half of TSB home loans PayPal president Marcus jumps ship…
Things we're reading today include … As bank fines soar, U.S. threatened $16 billion BNP penalty US bank executives 'paid 27pc more’ Credit Suisse set for Alibaba bonanza Goldman stars fall back down to earth Bank annual reports too long or ‘complex’ UK's financial services 'at risk' without greater effort on cybersecurity Lloyds Bank to…
Our biggest stories of the past week are … It’s better to own disruption than be eaten by it As mentioned yesterday, banks are not sleeping ostriches but are very awake to the digital revolution. In fact, many are investing in that revolution with four incumbent banks standing out on my radar for their investments…
Things we're reading today include … Exclusive: As bank fines soar, U.S. threatened $16 billion BNP penalty BNP eyes shake-up as hefty US fine looms Obama deflects French pressure to intervene in BNP dispute U.S. authorities extend deadline for Swiss banks in tax case Bank of America could pay at least $12 billion to settle…
Things we're reading today include …. NY bank cop Lawsky keeps $10 bn sights on France's BNP Hollande In Plea To Obama Over $10bn Bank Fine Rogue trader Kweku Adoboli sentenced to prison loses appeal bid Monitise appoints joint chief executive to deliver ambitious expansion plan Europe stocks steady, euro hostage to ECB decision ECB…
Things we're reading today include … UKAR: Taxpayer owned 'bad bank' returns £10bn Taxpayer-owned 'bad bank' UKAR will take a decade to repay Treasury Barclays cuts several hundred investment bank jobs: sources Lloyds pulls out of £1bn finance deal to help BP buy Russian oil UK challenger bank Shawbrook swings to profit Royal Bank of…
Things we're reading today include … Deutsche Bank performance boost hinges on cost-cut plans Credit Suisse says U.S. case has limited business impact UBS investigated for money laundering France says BNP Paribas' $10 billion U.S. fine 'unreasonable' Bank chiefs’ pay in 2013 Russian sought in cybercrime sting U.S. says 77,000 banks, firms sign up to…
Things we're reading today include … BNP Paribas shares hit 8-month low on reports of $10bn fine New York's Lawsky wants senior BNP executives fired in probe: sources French minister criticizes United States over BNP Paribas probe The next big high-street casualty? Your local bank Online banking thefts hit Japan firms prompting compensation rethink 'This…
