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…
Our biggest stories of the past week are … Amazon vs IBM, Google vs BMW … digital disrupts everything I’ve not been surprised by disruptions in industries like music, movies, books and travel. All of these things can be digitised and have been. Music has been disrupted three times: first illegal downloads with Napster; then…
Things we're reading today include … US 'seeks to fine BNP Paribas more than $10bn' U.S. probing 15 banks, payment processors for fraud Florida man must pay $2.2 mln penalty for Swiss bank account Bank lending to small business falls New Funding for Lending rules fail to improve business lending FCA warns over simplified financial…
Things we're reading today include … World Cup 2014: Brazil will win the tournament, at least according to Goldman Sachs Goldman blames economy for trading slide Nationwide profits quadruple Nationwide warns of 'unintended consequences' of curbing mortgages Deutsche Bank braced for fines in forex probes: sources Square helps small shops with financing Financial help available…
Things we're reading today include … IMF warns banking reform is too slow Barclays: Independent Scotland likely to get new currency Lloyds Bank announces TSB flotation Citigroup sees second quarter markets revenue down as much as 25 percent: CFO Three U.S.-based former Barclays traders appear in UK court EU companies turn to non-bank lenders VIDEO:…
Things we're reading today include … Beware of online banking RBS And NatWest Hit By Mobile Banking Glitch George Osborne to force banks to promote alternative lenders Clydesdale Bank to introduce first plastic banknotes in Britain next year Iranian billionaire 'secretly executed' over biggest bank fraud in country's history Young people open to alternative banking…
Things we're reading today include … Wonga boss leaves after six months Niall Wass quits as Wonga boss HSBC faces fresh criticism over £10bn bonus payouts payments Deutsche Bank: heckling CEOs Barclays sounding out buyers for Spanish retail bank: sources Non-banks expand in commercial property BofA winds down electronic trade unit Plastic £5 note 'first…
