Things we're reading today include … How Nigeria will become Africa's biggest economy JPMorgan restructures ‘London whale’ unit Treasury would have 'overruled' regulator in favour of Co-op bid NatWest glitch leaves thousands of savers without interest Australian bank boss resigns 'to spend time with family' Credit Suisse takes new hit over tax probe Lloyds to…
Things we're reading today include … High frequency trading: the TV debate that brought Wall Street to a halt JP Morgan says processing payment from Russian embassy Challenger bank Aldermore's profits rise more than 1,000pc Citigroup faces criminal inquiry for fraud at Mexico unit: NYT Clearstream faces US criminal probe Intesa in talks to sell…
Things we're reading today include … SEC chair discusses probes into high-speed trading FBI investigates high-speed trading George Osborne vents fury over FCA leak fiasco HSBC has 'much work' to do on anti-laundering fixes, U.S. says Fed to consider final bank leverage rules on April 8 Judge orders Mt Gox CEO to U.S. for questions…
Things we're reading today include … Insurers push back with clamour for resignation of FCA chief Switzerland launches probe into FX rigging FCA to review rate rigging controls FCA boss should stay on FBI investigating high-speed trading outfits: WSJ Crowdfunding sites hit at new rules UK sees mobile banking 'revolution' FCA calls for £14.3m extra…
Things we're reading today include … Security firm Trustwave says Target data breach claims baseless Sir Win Bischoff, Lloyds chairman Investor giant warns banks on pay arrangements ahead of EU bonus cap Banking technology brings 'seismic decline' in branch transactions Even seasoned insiders are stunned by the pace of banking's root and branch revolution Bankers…
Things we're reading today include … Wal-Mart sues Visa for $5 billion over card swipe fees Police detain suspect after rumour sparks China bank run Fed rejects Citi’s 2014 capital plans 30m financial policies to be probed State regulators hire outside lawyer for dispute with SEC U.S. high-frequency trading ban unlikely: Nasdaq Euro zone not…
Things we're reading today include … Former UBS banker Branson to head Finma Mt. Gox says working with police in missing bitcoin probe BoE in China currency clearing deal Nat Rothschild’s bust-up with wealthy Bakrie family turns into Twitter storm Bank of America to pay $9.3 billion to settle mortgage bond claims RBS to resubmit…
Things we're reading today include … FCA fines Santander £12.4m fine for 'widespread investment advice failings' Lloyds stake sale raises £4.2bn Government faces £400m 'shortfall' on bank levy Co-op Bank’s ethical investors fret over another £400m hole Spooked by defaults, China banks begin retreat from risk Flowers says Osborne 'pressured' Lloyds to accept Co-op bid…
Things we're reading today include … Fury as FCA is accused of wimping out of tough new regulations on payday loans City watchdogs will cost £128m more than FSA Monitise to raise £100m as part of revamp BNP Paribas to set up standalone clearing unit RBS 'in talks' to sell Citizens to Japanese bank Lord…
