Things we're reading today include … New York prepares lawsuit against Credit Suisse: source Mervyn Davies becomes the latest former Labour minister to land a top City job RBS Irish unit fined €2m over capital rules Banks 'surrendered' on PPI, Dunstone claims UK banks should face threat of being broken up, says FSA Business chiefs…
Things we're reading today include … The Monday interview: Santander UK chief Ana Botin Lord Mandelson wins role as the new 'ethical' banker Regulators peer into financial shadows Heat turned up on 'Big Four' accountants Bank profits distorted by audit rules, warn investors More investment bank job cuts expected Go East: banking jobs in Asia…
Our biggest stories of the past week are … Jesus Christ Superstar, and the Occupy Movement I recently went to see the latest revival of Andrew Lloyd-Weber’s Jesus Christ, Superstar. The new version of the musical toured the UK’s largest Arenas, with an all-star cast and a lengthy TV audition show to select the man…
Things we're reading today include … RBS claim it's 'co-operating' on Libor is false, says Canadian regulator Santander to launch a £500m funding for lending package Prudential to plan for relocation amid Solvency II worries JP Morgan banned from trading electricity in the US JPMorgan faces U.S. action on anti money-laundering practices: WSJ Credit-card companies:…
Things we're reading today include … Goldman Sachs cuts back on new partners RBS 'could quit an independent Scotland' What the banker should have said to the bishop Icap feels the City's pain as profits take a nosedive FSA warns global banks to rein in bonuses Fewer winners in Goldman Sachs partnership race Barclays swamped…
Things we're reading today include … RBS chief warns of 'moral hazard' in ringfencing retail banks Bank ring-fence 'may raise risk' Regulators open inquiry into HSBC in Jersey Judge orders Barclays to reveal names of 208 staff linked to Libor probe Moody's warns on Libor downgrade risk to banks BofA takes on mobile payment start-ups…
Things we're reading today include … Lancashire council becomes online lender Tucker 'favoured' as next Bank governor 'FSA action saved HBOS from speculators' David Cameron's Lord Mayor's Banquet speech: in full Glitch stops NYSE trading in 216 companies Bank ring-fence plan 'still best' Bank reform will cut £10bn taxpayer subsidy by 80pc, says Sir John…
Things we're reading today include … UBS trader awaits verdict of fraud trial UBS leads way in to wealth management Sassoon sets a new future for banking CBI chief defends banks over Libor and PPI Hong Kong set to overtake shrinking City Former Citigroup chief executive Pandit receives £15.5m payour RBS begins branch sale JPMorgan…
Things we're reading today include … HSBC to probe 'criminal' accounts HSBC investigation: Drug dealers, gun runners and Britain's biggest bank HSBC Jersey accounts of 4,000 Britons under scrutiny HSBC investigation: Mexican subsidiary investigated over money laundering claims Ex-Goldman trader's fraud caused $118 million loss: U.S. regulator 'Congratulations, you've become a Goldman Sachs partner' SocGen…
