Things worth reading: 10th May 2013
Things we're reading today include … Barclaycard takes on Groupon with 'daily deals' Co-op Bank could need taxpayer support, says Moody's Top paid RBS banker goes in reshuffle ahead of US float RBS finance chief to lead US spin-off Hester vows to oversee RBS sell-off 850 more jobs to go at Lloyds Nigeria signs up…
Things worth reading: 9th May 2013
Things we're reading today include … Eye-catching recruits and full bank buyout fast-tracks grocer's push for supremacy US banks tipped off to Harp loans Say goodbye to the pin: voice recognition takes over at Barclays Wealth Green bank achieves £2.3bn energy boost Nat Rothschild rues 'terrible mistake' in tie-up with Bakries Free banking at risk…
Things worth reading: 8th May 2013
Things we're reading today include … HSBC off to a flier on results as profits almost double to $8.4bn HSBC profits surge as bad loans fall 'Crisis over' hopes after HSBC posts £5bn profit Standard chartered sees first-quarter profit decline on increased costs Commerzbank hit by cost of job cuts Credit Suisse names UK banker…
Things worth reading: 7th May 2013
Things we're reading today include … RBS 'desperate' to lend £20bn – but no-one wants it Visa and MasterCard: fortunes diverge Three of JPMorgan's top investors undecided on Dimon's roleL: WSJ Sage of Omaha Warren Buffett's successor stays a secret New York to sue banks over mortgages Nearly half of directors aware of irregularities UK…
The Finanser’s Week: 29th April – 5th May 2013
Our biggest stories of the past week are … Bank customers: vulnerable victims or gullible gimps? I must admit, having listened to Jeremy Roe regarding banks mis-selling swaps contracts along with Which? and the leader of bank employee union Unite talking about how general staff and customers feel about mis-selling, I’m a little bit cynical….
Things worth reading: 3rd May 2013
Things we're reading today include … City culture saw bankers accept ‘holidays and prostitutes in return for lucrative deals’ Warren Buffett Twitter followers jump Financial industry sceptical about watchdog RBS reports £826m return to profit Metro current accounts are in demand Activist investor Knight Vinke calls for break up of UBS City turns to lasers…
Things worth reading: 2nd May 2013
Things we're reading today include … Metro Bank losses pass £100m in just three years UK taxman faces court challenge over Goldman 'sweetheart deal' Judges to rule on tax deal with bank Visa enjoys upbeat quarter, MasterCard lags MasterCard lifted by credit card spending Rivals charm RBS over Rainbow sale Google gives Lending Club a…
Things worth reading: 1st May 2013
Things we're reading today include … Market baffled by 700pc rise in Bankia shares Judge questions fraud statute's use against Bank of America RBS fined over claims it misled customers Deutsche Bank surges on share issue Taxpayer-backed Lloyds share price jumps as it records £1.5bn profits – compared with loss of £5m this time last…
Things worth reading: 30th April 2013
Things we're reading today include … Lloyds sees profits rise to £2bn Lloyds offloading Spanish branches after Verde blow Barclays wins Libor appeal in £70m mis-selling case Santander chief Saenz steps down Santander springs surprise in Marin UBS posts strong first-quarter on trading income surge Swiss bank UBS returns to profit Deutsche Börse hit by…
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