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…
Things we're reading today include … An alternative road to European investing Investors shift to funds using derivatives 'Business bank' to boost lending EU struggles to agree on budget Libor riggers should face jail, say top officials Broker admits £32m Ponzi scheme Business Bank will be fast-tracked, says Lib Dem's Danny Alexander US card issuer…
Things we're reading today include … A £30bn talk for Merkel and Hollande FSA demands new legal powers after Libor manipulation scandal Cable promises 'business bank' 'Gentle giant' Paul Volcker has too little time left to fix the world UK pledges $1.6 billion for state-backed business bank Euro zone to boost bailout fund firepower to…
Our biggest stories of the past week are … What Star Trek tells us about banking For years, I’ve been a fan of Star Trek, and have used their innovations in many presentations, but I’ve always wondered: how come there’s no money on the Star Ship Enterprise? Is everything free? Not exactly. My supposition was…
Things we're reading today include … Spanish bank bad debts at record Lord O'Donnell: Bank favourite who wants to leave advising behind UBS questioned €3.6bn of trades by Kweku Adoboli weeks before his arrest Standard Chartered says wholesale banking profits to double Exclusive: Morgan Stanley infrastructure fund hit by Volcker rule Square – upwardly mobile…
Things we're reading today include … Wall Street braced for Occupy first anniversary protes Occupy Wall Street protesters hold rally in New York to mark anniversary VIDEO: What did Occupy movement achieve? Treasury 'slow' on Northern Rock Northern Rock should have been nationalised 'quicker' Wonga profits from loan demand £3bn Sberbank stake sale under way…
Things we're reading today include … Could FSA chairman Lord Turner be next to lead the Bank of England? Plenty more wonga for payday lender Bank-bashing London 'at risk of losing out' to New York Lloyds has 'absolutely no plans' to end free banking Industry optimist with a ‘big hairy audacious goal’ Greece euro exit…
