Things we're reading today include … Lancashire council becomes online lender Tucker 'favoured' as next Bank governor 'FSA action saved HBOS from speculators' David Cameron's Lord Mayor's Banquet speech: in full Glitch stops NYSE trading in 216 companies Bank ring-fence plan 'still best' Bank reform will cut £10bn taxpayer subsidy by 80pc, says Sir John…
Things we're reading today include … UBS trader awaits verdict of fraud trial UBS leads way in to wealth management Sassoon sets a new future for banking CBI chief defends banks over Libor and PPI Hong Kong set to overtake shrinking City Former Citigroup chief executive Pandit receives £15.5m payour RBS begins branch sale JPMorgan…
Things we're reading today include … HSBC to probe 'criminal' accounts HSBC investigation: Drug dealers, gun runners and Britain's biggest bank HSBC Jersey accounts of 4,000 Britons under scrutiny HSBC investigation: Mexican subsidiary investigated over money laundering claims Ex-Goldman trader's fraud caused $118 million loss: U.S. regulator 'Congratulations, you've become a Goldman Sachs partner' SocGen…
Things we're reading today include … Wall Street sinks after election as "fiscal cliff" eyed VIDEO: What is the US fiscal cliff? Banks’ customers have left them behind Bank safety plans not enough, UK economy chief warns BNP Paribas sees profits increase ING blow to small business investment plans Banks risk 'reputational bonfire' on industry…
Things we're reading today include … Financier Amanda Staveley accused of lying to protect £3m claim Goldman Sachs trims partner list to help cut expenses Commerzbank to challenge bonus ruling MF Global customers sue PricewaterhouseCoopers in amended lawsuit Cull of City jobs 'likely to be even greater than feared' FCA chairman defends HBOS audit VIDEO:…
Things we're reading today include … Banks have lost 'right to self-determination', says HSBC chairman Douglas Flint Financier jailed for huge fraud Standard & Poor's order to pay millions over AAA ratings Banks plea for right to sell derivatives Barclays 'embracing' ring-fence America's self-aggrandising regulators are biggest risk to HSBC We're a British bank, get…
Things we're reading today include … HSBC profits up as mis-selling scandal goes on HSBC to face £1bn fines over money-laundering HSBC to see profits fall to £3.3bn Ermotti shifts UBS’s investment vision Robert Tchenguiz to sue SFO for damages after Kaupthing probe arrest ECB investigating if loans made to Spanish banks contravened rules G20…
This week was dedicated to SIBOS, the annual SWIFT tradeshow, conference, exhibition and all around banker's jamboree. Here's a summary of the whole week: Welcome to SIBOS 2012 So here we are, a few of us anyway, at SIBOS 2012 in Osaka, Japan. Morning impressions in the land of the rising sun The theme of…
Our biggest stories of the past week are … Osaka, here we come! Many of us are gearing up for this year’s SIBOS – the big SWIFT jamboree that gathers all those involved in payments worldwide … whoops, involved in transaction processing worldwide. This year it’s in Osaka, Japan, and I’m on my… An interview…
