Things we're reading today include … Barclays move could mark the end for the 'golden goose' of banking Google makes first foray into credit business Walmart, Amex to make financial services announcement Monday Businesses 'lack trust' in banks Analysis: Australia's success story takes a chilling turn Sceptical traders set to undermine Direct Line NatWest suspends…
Things we're reading today include … PayPal technical issues 'solved' IMF: Global recovery 'will take at least six more years' Europe's banks told to hold more capital VIDEO: India 'on the path of financial reform' RBS investigated by NY Attorney General RBS facing loss after Spanish property firm collapse Nasdaq suffers fresh high-profile gaffe Analysis:…
Things we're reading today include … JP Morgan faces $20bn fraud suit JPMorgan sued over mortgage bonds Barclays hands promotions to retail bankers Barclays and UBS are ejected from top global brands index Munich Re staff put trip to Jamaican swingers' hotel on expenses Liikanen bonus plan draws supporters Banker weeps at UBS rogue trader…
Things we're reading today include … American Express agrees $113m settlement JPMorgan sued by New York Attorney General over mortgage-backed securities Stephen Hester: RBS is 'poster child' for banking failures Top banker faces £3m insider trading charge Four charged in £3m insider dealing case City banker elected London Lord Mayor Burnt in effigy, Martin Wheatley…
Things we're reading today include … Banks face rising pressure after order to boost lending Miliband threat to break up banks Bad bankers warned: repent or go to jail Financial services – the blame game Financial services groups cut 9,000 jobs U.S. group urges $2 trillion alternative to fiscal cliff "time bomb" City watchdog warns…
Our biggest stories of the past week are … The similarities between internet blocks and trade sanctions I spent last week in the Middle East, travelling the region and seeing some sights as well as meeting many banks from across the region. As always, it’s an interesting space and place, full of Eastern promise as…
Things we're reading today include … PPI mis-selling complaints to FSA soar Complaints about banks 'up 59%' PPI complaints soar to 2.2 million Insurance scandal leads to 20,000 complaints a day to Britain's banks RBS to float Direct Line at discount price Bitcoin: Monetarists Anonymous Ex-Goldman programmer rejects plea deal Goldman Sachs settles "pay-to-play" probes…
Things we're reading today include … The biggest hedge fund managers in the world: in pictures Six burning questions for Spain Angela Merkel: Europe must stay the course with painful reform Bank lobby groups peddle damaging myths, BoE member Robert Jenkins claims Former RBS trader in quotes: Libor is a 'cartel' Markets watch: new Oman…
Things we're reading today include … Upbeat Hester says RBS is reaching recovery point RBS close to full recovery, says chief Stephen Hester Temasek 'looks to sell £6bn Standard Chartered stake' Senior Nomura banker poached by UBS Kweku Adoboli's colleagues 'knew of his illicit trades' Banks sign up to lending scheme £80bn funding boosts bank…
