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…
Things we're reading today include … Bank regulation is flawed, says FSA chief Lord Adair TurnerThe Independent Free banking should end, says FSA head Lord TurnerThe Telegraph Tory peer Lord Green: I 'regret' HSBC money laundering failures The Telegraph Some Libor fixing 'hard to spot'BBC Deutsche Bank internal Libor clears board – reportThe…
Things we're reading today include … Sale of Rock to bring in an extra £538mThe Independent Taxpayers get an extra £538m from Northern Rock saleThe Telegraph Bank of America Begins Rollout of Chip Credit Cards to ConsumersPayments News AUDIO: Cash card doubles up as ID cardBBC What's gone wrong with the banks?BBC Insider-dealing ring…
Things we're reading today include … Lloyds in further loan sale turmoilThe Telegraph Lloyds vows to speed up ring-fencingThe Telegraph Can Barclays' investment bank arm keep producing the billion-pound goods?The Telegraph Bob Diamond's lieutenant rules himself out of Barclays top jobThe Telegraph Libor scandal: Sir Michael Rake reportedly out of running for Barclays chairman…
