Things we're reading today include … Exits deal blow to Barclays turnround Hector Sants – the former City watchdog chief – resigns from Barclays during ‘stress leave’ Barclays blundered in hiring box-ticker Germany under review over role in EU As his term nears its end, Bernanke lauds Fed transparency UK recovery takes hold, says Bank…
Things we're reading today include … Probe into currency market 'widens' RBS may face huge new bill over loan scandal, UKFI says Five banks must divulge info on alleged tax dodgers: U.S. attorneys Fresh wave of banking scandals could hit RBS, warns UKFI boss Hello, is that really you? Wonga founder Errol Damelin steps back…
Things we're reading today include … Women bankers break through in India Murky mix of trading and electronic chat ICBC joins financial stability risk list World Bank says expanded access to banking services comes with risks Acute ‘big data’ challenges facing asset managers Banks considering banning traders from electronic chat UKFI says resisted government attempt…
Things we're reading today include … Metro Bank Seeks £285m In New Cash Call ANZ Bank: Mobile is the catalyst for banking transformation Bank results: stranger than fiction? BNP Paribas faces quiz on currency rate scandal RBS agrees 1,080 mortgages through UK's 'help to buy' scheme France to borrow 4.5 billion euros by end-2013 to…
Things we're reading today include … Goldman Sachs orders staff to keep Saturday holy: Bank famous for expecting graduates to work 100-hour weeks tells staff that the weekend is not for working French banks: vive la différence Digital banking: Third time lucky Bank of America moves its $19 billion 401(k) plan in-house Agency downgrades RBS…
Things we're reading today include: Wall Street bonuses to rise 5 to 10 percent this year: consultant 'Treasury gave green light for Co-op mergers' India eases rules for foreign banks FCA orders Lloyds currency investigation Ex-CEO of collapsed Virginia bank gets 23 years for fraud Twitter founder Jack Dorsey 'to float credit card company Square'…
Things we're reading today include … OFT instructed Wonga to make changes to its business Payday lenders face tough MP questions Payday loan rollover plan challenged Barclays prevented from ending Somali 'lifeline' Barclays to axe around 450 staff Barclays' chief economist joins Bank to shore up forecasting RBS and HSBC 'face fines' over Euribor rigging…
Things we're reading today include … HSBC profits seen up 10 percent as cost cuts pay off HSBC optimistic on growth HSBC adds name to banks in currency investigation Co-op Bank to closes 50 branches as it announces revised rescue plan Co-op Bank rescue: lender could take five years to return to profit Co-op faces…
Things we're reading today include: Cyber war is being won by ‘crook stars’ UK 'fastest-growing Western economy' The Wall Street boss glad she was sacked Goldman plans $250m ‘social impact’ fund HSBC sees profits surge by 30% Co-op Bank to cut branch network as it announces revised rescue plan Zurich reviews uncover no undue pressure…
