Things we're reading today include … Shareholders approve Stephen Hester bonus despite £2bn loss at RBSThe Telegraph RBS shareholders will never recover money they lostThe Telegraph RBS annual general meeting: as it happened – May 30, 2012The Telegraph JPMorgan to spin out ‘special investments’Financial Times Amex expands digital voucher partnershipFinancial Times ‘Peer-to-peer’ lenders…
Things we're reading today include … Hedge fund 'liar' fined record £3m and bannedThe Independent Three Spanish banks agree mergerBBC Spain in focus as EU readies euro zone economic strategyReuters Anger over Lagarde's tax-free salaryThe Independent VIDEO: Are the BRICS solid?BBC JPMorgan Cazenove tops league tableFinancial Times Fear of jury boredom seeps into Gupta insider…
Things we're reading today include … Glitches halt new Goldman trade platformFinancial Times RBS faces $100m action after trader caught lyingThe Telegraph Government 'damaged' Barclays with disclosure on £500m tax avoidance schemeThe Telegraph Barclays hits back on tax schemesBBC ‘Whale’ makes a big splash on risk modelsFinancial Times Bailout fears spark Bankia shares dive…
Things we're reading today include … Shareholders set to give RBS chief Hester a rough rideThe Independent RBS cuts ties with former broking armThe Independent JPMorgan replaces prime brokerage head: sourceReuters Rabobank eyes sale of fund management armFinancial Times VIDEO: Your Money: Changes to payday loansBBC Banks glean efficiency tips from industryFinancial Times Lack…
Our biggest stories of the week are … The end of 'free' banking In the 1970s, the UK's Midland Bank introduced a new competitive service – free banking. It wasn’t free of course, but it appeared that way. The idea being that if you stayed in credit, they wouldn’t’ charge you anything. It… Lázaro Campos…
Things we're reading today include … Free banking 'a dangerous myth'BBC Head of Vatican Bank is sackedBBC More help for payday loan debtorsBBC EU 'wants Greece in the eurozone'BBC Call to end free bank accountsThe Independent Surveys point to deeper eurozone contractionThe Independent FSA 'powerless' over JP MorganThe Independent Regulators hint that pressure…
Things we're reading today include … Spain injects €9bn into ailing lender BankiaThe Telegraph Eurozone set to abandon Greece – and austerity The Independent EU summit fails to inspire marketsThe Independent US money market funds shun eurozone banksFinancial Times VIDEO: Economic lessons from the 1930sBBC Robert Tchenguiz had Kaupthing execs 'resident' in his…
This week's view from Europe, courtesy of Edith Rigler : Moving to e-procurement can deliver huge savings – European Commission, 20 April 2012 The Commission estimates the total size of the EU's procurement market at more than 2 trillion euro, so each 5% saved though e-procurement could result in about 100 billion euro of annual savings. But…
Things we're reading today include: Facebook float hits more problemsBBC Zuckerberg loses friends on Wall Street as regulators probe $19bn slumpThe Independent Morgan Stanley subpoenaed over Facebook IPOFinancial Times JP Morgan loss 'flags up' transatlantic trade risksThe Telegraph Troubleshooter in running to succeed DimonFinancial Times Zynga and American Express Launch Zynga Serve Rewards…
Things we're reading today include … IIF: Spain's bank losses could hit €260bnThe Telegraph Eurozone crisis 'hits mortgages'BBC VIDEO: Will Greece return to the drachma?BBC Posen: Greece is not the issue, it's banksThe Independent Double trouble at JP Morgan: trader's losses could exceed $7bnThe Independent JPMorgan suspends $15bn shareholder returnThe Telegraph JPMorgan loss set…
