Our biggest stories of the past week are … The customer is … not always right I just found a great website called Not Always Right that tells the staff side of humorous or challenging customer experiences in the USA. It’s brilliant. Here are my faves that relate to banks. UK banking overhaul continues We…
Things we're reading today include … Anger as former Bank of England Governor Sir Mervyn King walks away with £6.3million pot Bank of England told to put woman engineer on bank notes Swiss central bank says UBS, Credit Suisse debt still too high Bank of Tokyo-Mitsubishi to pay N.Y. $250 million for wire violations EU…
Things we're reading today include … Jail reckless bankers, report urges Banking Commission: in numbers Banking Commission: key points Bankers could face jail after report urges the Government to introduce new criminal offence for reckless management Our banks are not merely out of control. They're beyond control Iranian bank wins case to be removed from…
Things we're reading today include … Banking Commission: Bankers should face threat of jail and loss of bonuses Swiss bill on bank secrecy rebuffed Former trader charged over Libor Osborne insists RBS boss Stephen Hester 'decided to go' Lloyds 'aware of' Co-op's black hole BoE names Charlotte Hogg as first chief operating officer The £1m…
Things we're reading today include … Troubled Co-operative bank unveils rescue plan The six executives responsible for Co-op Bank's troubles MPs question Lloyds Danish regulator tells Danske Bank to set aside more capital Swiss banks’ new calculations EU tax chief urges Swiss to end bank secrecy MP poised to launch Bill curbing payday lenders' 'rip-off…
Things we're reading today include … Deutsche Bank 'Horribly Undercapitalized': Regulator NatWest voted most trusted big bank Deputy governor Paul Tucker quits Bank of England 'After 50 years, Lloyds is selling me to another bank’ All eyes on Mark Carney's first move as Bank of England's new governor Bank of England says foreign banks made…
Things we're reading today include … £2bn wiped off RBS shares after chief executive Stephen Hester is forced to quit RBS to cut 2,000 more jobs as shares tumble Full memo from Stephen Hester to RBS staff EU regulators put Visa Europe's antitrust concessions to rivals New Vatican bank head says mission is total transparency…
Things we're reading today include … Labour overpaid for RBS by £12 billion, minister says Banks' PPI deadline talks collapse RBS chief Stephen Hester forced to step down as Chancellor George Osborne paves way for sell-off RBS shares plunge after Stephen Hester quits Small financial groups lose banking facilities Eight charged with fraud conspiracy Currencies:…
Things worth reading today include … Lloyds admits 'issues' after undercover investigation claims bank salesmen 'faked' PPI agreements Lloyds Banking Group forced to admit 'issues' with its PPI complaints procedure after claims it told staff to ignore possible fraud Lloyds Bank salesmen 'faked' loan agreements to include PPI Ex-HBOS chief stripped of knighthood Santander invests…
