Our biggest stories of the past week are … Is SWIFT fit for purpose? This is the final week in which you can take part in the Financial Services Club annual survey on payments infrastructures: are they fit for purpose? We would be delighted if you would join this year’s survey: click here to take part….
Things we're reading today include … Shareholders complain to Treasury over RBS 'nationalisation'The Telegraph Taxpayers braced for £1bn blow from RBS scandalsThe Independent Court rejects Barclays move to delay Libor test caseThe Telegraph Computer trading blamed for erratic swings on NYSEThe Telegraph Google Transitions Wallet to the CloudPayments News ECB's Mario Draghi says Bank…
Things we're reading today include … Cabinet discusses full nationalisation of RBSThe Telegraph European court rejects Northern Rock shareholders' caseThe Telegraph Northern Rock shareholders 'shocked' as Brussels rejects compensation caseThe Telegraph Standard Chartered 'a bridge between East and West' as profits jump 9pcThe Telegraph SocGen profits hit by debt crisisBBC SocGen chief warns on…
This week's view from Europe, courtesy of Edith Rigler : Euro area government debt up to 88% of GDP, EU27 up to 83% – Eurostat, 23 July 2012 The highest ratios of government debt to GDP at the end of the first quarter of 2012 were recorded in Greece (132.4%), Italy (123.3%), Portugal (111.7%) and Ireland (108.5%)….
Things we're reading today include … Young people fall out of love with high street banksThe Telegraph N&P building society reports 40pc rise in bank account switchingThe Telegraph 'The curse of Facebook' leaves UBS counting the cost of floatThe Independent UBS's huge Facebook loss throws doubt on Nasdaq planReuters UBS to sue Nasdaq over…
Things we're reading today include … HSBC sets aside $2bn to cover mis-selling and launderingThe Telegraph HSBC sets aside £1.3bn to cover cost of scandalsThe Independent HSBC counts fines and claim costsBBC HSBC chief apologises for 'shameful' scandalThe Telegraph Former HSBC chiefs faces bonus clawbacksThe Telegraph Tate Modern death fall man 'was senior HSBC banker'The…
Things we're reading today include … Libor scandal: RBS facing huge fine, warns chief Stephen HesterThe Telegraph RBS pays more than £25m to businessman David Agar over interest rate swapsThe Telegraph How can RBS chief Stephen Hester fix the taxpayer's broken bank?The Telegraph HSBC to set aside £600m to cover mis-selling and money laundering scandalsThe…
Our biggest stories of the past week are … SWIFT, Visa, Mastercard and T2S? The Financial Services Club is repeating the survey started in 2011 reviewing the changing face of payments infrastructures. We would be delighted if you would join this year’s survey: click here to take part. UK House of Lords to investigate reform of…
Things we're reading today include … 'Two million' Nationwide transactions hit by 'technical glitch'The Telegraph Barclays told to stop fundraising for Mitt RomneyThe Telegraph Lloyds Banking Group posts loss as PPI costs rise by £700mThe Telegraph Lloyds chief admits industry is in deep crisisThe Independent Lloyds reveals loss after PPI hitThe Independent Visa Reports Fiscal…
Things we're reading today include … HSBC is fined £18m in MexicoThe Independent Visa reports loss after settling suitFinancial Times Deutsche Bank profits hit by weak euroThe Telegraph End of an era as LME is sold for £1.4bnFinancial Times Payday lenders agree new rulesBBC Shake-up looms over securities lendingFinancial Times Barclays admits Libor scandal…
