Things worth reading: 1st November 2013
Things we're reading today include … Credit Suisse dismisses trader who cost bank $6 million: WSJ Barclays and RBS named in $800m US Libor lawsuit RBS prepares to unveil new 'bad bank' New proposals to toughen bank trade rules Barclays and RBS sued by Fannie Mae over Libor scandal PwC plans to swallow Booz &…
Things worth reading: 31st October 2013
Things we're reading today include … That’s handy… world’s first ATM for bitcoins opens in Vancouver cafe Brokers warn FCA reforms will hit jobs Sins of past, present and future haunt banks Barclays faces investigation into currency trading manipulation JP Morgan puts London FX chief on leave, Citi reported to do same Goldman cracks down…
Things worth reading: 30th October 2013
Things we're reading today include … If RBS needs a bad bank why doesn't Lloyds? Investment banking slowdown to hit European lenders Deutsche Bank hit by €1.2bn legal charge World Bank: Easier to start a company in Afghanistan than UK Japan's financial regulator to probe country's top banks Lloyds profits as bad debts fall but…
Things worth reading: 29th October 2013
Things we're reading today include … Clean up eurozone banks, urges ECB Ex-Credit Suisse chairman calls Dougan's 90 million Swiss francs payout a 'mistake' Big banks muscle in on peer-to-peer lending Britain to become first non-Muslim country to launch sharia bond Deutsche Bank profit slammed by legal charges Deutsche Boerse gets offer from U.S. to…
Things worth reading: 28th October 2013
Things we're reading today include … Businesses warn on bank ring-fence plans Cash cheques without going near a bank The rise of the digital bank RBS 'bad bank' decision looms Mizuho 'did not' hide gangster loans City’s female high-flyer total doubles in a year Lloyds head Antonio Horta-Osório to see £2.5m bonus at bailed-out bank…
Things worth reading: 25th October 2013
Things we're reading today include … Santander eyes 2015 float for UK unit Ana Botin sweeps up switchers as Santander’s plans pay off Goldman Sachs’ secret rapper Bitcoin endorsed by top hedge fund manager Bank of America to eliminate up to 4,000 mortgage jobs Wells Fargo waives October mortgage fees for late payers Mark Carney…
Things worth reading: 24th October 2013
Things we're reading today include … Barclays looks to avoid bank bonus cap Santander poised for big profit jump as bad debt provisions fall Funding Circle launches in US after new backing Exclusive: Regulator to bring in tighter controls on peer-to-peer lending Bank of America defrauded Fannie Mae and Freddie Mac, jury rules Banks agree…
Things worth reading: 23rd October 2013
Things we're reading today include … Bank of America: U.S. fraud case is 'Alice in Wonderland' JPMorgan nears $6bn settlement with investors Former Co-op Group chief Peter Marks refuses to take blame on bank crisis U.S. SEC to release long-awaited 'crowdfunding' rule Co-op members finding out the harsh reality of mutual banking Former RBS investment…