Our biggest stories of the past week are … RBS-NatWest proves that technology IS the bank The big news at the end of last week is that the Royal Bank of Scotland (RBS) had a computer crash, affecting all of the UK bank including NatWest and Ulster Bank. It caught headlines worldwide: NatWest and RBS…
Things we're reading today include … Barclays LIBOR manipulation Bob Diamond: Barclays falsified Libor to protect bank during financial crisisThe Telegraph Letter from Barclays chief Bob Diamond to Andrew TyrieThe Telegraph AUDIO: Diamond: Banks must be trustworthyBBC Pressure grows on Barclays boss Bob Diamond to quitThe Independent Bob Diamond will receive £20 million if he…
Things we're reading today include … Barclays fined for Libor manipulation Barclays paying $453 million to settle Libor probeReuters Barclays hit with £290m fine over Libor fixingThe Telegraph Barclays shamed by £290m fine for market fixingThe Independent Barclays: how the Libor scandal unfoldedThe Telegraph Bob Diamond forgoes bonus as Barclays fined for Libor manipulationThe…
Things we're reading today include … Bank of England governor says FSA must investigate RBS glitchThe Telegraph RBS says 99% of accounts updatedBBC NatWest: we're award-winning online bankersThe Telegraph Fred Goodwin: we weren't at fault in RBS failure The Telegraph Italy in €2bn bail out for world's oldest bankThe Telegraph Oldest bank Banca Monte…
Things we're reading today include … City puts cost of RBS 'glitch' at between £50m and £100mThe Telegraph RBS boss blames software upgradeBBC 'Corner turned' on Natwest backlog The Independent AUDIO: 'Extraordinary debacle' at RBSBBC Shares hit by euro summit fearBBC New Greek finance chief resignsBBC Cyprus to ask for bailout helpBBC Spain banks…
Things we're reading today include … RBS to waive overdraft fees after glitchFinancial Times VIDEO: Banks open on Sunday after glitchBBC NatWest customers still unable to see bank balances on sixth day of glitchThe Telegraph First ever Sunday opening for 1,200 NatWest branches after computer glitch The Independent NatWest and RBS customers may receive compensation…
Things we're reading today include … Moody's slashes credit rating of Britain's biggest banksThe Telegraph Downgrade for UK banks raises fears of credit crunchThe Independent Moody's bank downgrades: reactionThe Telegraph NatWest opens early over glitchBBC HBOS took Farepak cash in knowledge company was heading for the brinkThe Telegraph Getco appoints new division heads Financial…
Things we're reading today include … Insider dealing trio sentenced to over five yearsThe Telegraph Facebook scraps Credits currencyBBC Ex-banker admits taking F1 bribesBBC Hedge fund manager says that Greece must leave euro or it will failThe Telegraph Bank regulator warns hedge funds of crunch clampdownThe Independent Banks snap up cheap loansThe Independent MPC minutes…
This week's view from Europe, courtesy of Edith Rigler: ECB seeks views on tougher internet payment security measures– European Commission, April 2012 In April 2012 the ECB issued recommendations on new standards to increase the security of internet payments in the EU and started a public consultation, to end in June 2012. The recommendations incorporate the…
