Things we're reading today include … Wall Street sinks after election as "fiscal cliff" eyed VIDEO: What is the US fiscal cliff? Banks’ customers have left them behind Bank safety plans not enough, UK economy chief warns BNP Paribas sees profits increase ING blow to small business investment plans Banks risk 'reputational bonfire' on industry…
Things we're reading today include … Financier Amanda Staveley accused of lying to protect £3m claim Goldman Sachs trims partner list to help cut expenses Commerzbank to challenge bonus ruling MF Global customers sue PricewaterhouseCoopers in amended lawsuit Cull of City jobs 'likely to be even greater than feared' FCA chairman defends HBOS audit VIDEO:…
Things we're reading today include … Banks have lost 'right to self-determination', says HSBC chairman Douglas Flint Financier jailed for huge fraud Standard & Poor's order to pay millions over AAA ratings Banks plea for right to sell derivatives Barclays 'embracing' ring-fence America's self-aggrandising regulators are biggest risk to HSBC We're a British bank, get…
Things we're reading today include … HSBC profits up as mis-selling scandal goes on HSBC to face £1bn fines over money-laundering HSBC to see profits fall to £3.3bn Ermotti shifts UBS’s investment vision Robert Tchenguiz to sue SFO for damages after Kaupthing probe arrest ECB investigating if loans made to Spanish banks contravened rules G20…
This week was dedicated to SIBOS, the annual SWIFT tradeshow, conference, exhibition and all around banker's jamboree. Here's a summary of the whole week: Welcome to SIBOS 2012 So here we are, a few of us anyway, at SIBOS 2012 in Osaka, Japan. Morning impressions in the land of the rising sun The theme of…
Our biggest stories of the past week are … Osaka, here we come! Many of us are gearing up for this year’s SIBOS – the big SWIFT jamboree that gathers all those involved in payments worldwide … whoops, involved in transaction processing worldwide. This year it’s in Osaka, Japan, and I’m on my… An interview…
Things we're reading today include … Busy times ahead for Barclays chairman Euro MPs snub bank in gender row BofA employees could face charges in U.S. fraud case: prosecutor Credit rating of French banks cut Banks and big data: Shopping at the bank Watchdog faults Treasury, Fed for Libor use, wants alternatives Santander profits hit…
Things we're reading today include … Visa names Charles W. Scharf as new CEO Santander hits back at 'inaccurate' Barclays report Lower trading volumes hamper Nasdaq MTS buys into Russian bank FSA calls time on risky home loans Former Stock Exchange chairman joins calls for end to free banking US bank boss jailed for two…
Things we're reading today include … RBS under pressure to offload US business Banks need to 'charge more for SME loans' 'Resist EU's bid to restrict HFT' New finance tax for 10 EU states RBS agrees to $42.5 million settlement with Nevada attorney general: NYT Sir Mervyn King: no recovery until banks recapitalise French banks…
Things we're reading today include … MoneyGram and PayPal Collaborate on Global Cash In, Cash Out Lloyds considers plan to ditch annual bonuses Nationwide link to RBS branches Barney Frank cries foul in government's lawsuit against JPMorgan Talanx offers lesson on big bank failings European investment banks – reality time Analysis: If U.S. goes over…
