Things we're reading today include … Northern Rock Nationalised Northern Rock posts £140m loss – The IndependentNorthern Rock's 'bad bank' makes a profit – The Telegraph'Good bank' bad, 'bad bank' good at Rock – The IndependentNorthern Rock hit by exodus of depositors – The TelegraphNorthern Rock plans to resume credit cards and loans – The…
Things we're reading today include … Companies HSBC sees profits double to $11bn – BBCHSBC more than doubles profits to £7bn – The IndependentHSBC sets the 'safe bank' benchmark – The TelegraphRetail banking lifts BNP Paribas – BBCBNP Paribas makes first asset write back since 2007 – The TelegraphUBS agrees deal to build London's largest…
Things we're reading today include … Banking Boom Britain's banks bounce back – The IndependentUK banks return to profit but face high future funding costs – The TelegraphBooming UK banks braced for bonus row – The IndependentBailed-out bank chiefs on course for multi-million pound bonuses – The TelegraphGeorge Osborne warns banks to lend to businesses…
Our biggest stories of the week are … Banks “have to unhinge themselves from the physicality of banking” I interviewed good friend Brett King last week, author of Bank 2.0, and here’s a podcast that some Finanser readers might enjoy … All credit to Jane Jane wakes to the sound of Michael Bublé on her…
Things we're reading today include … Metro Bank Metro Bank throws open its doors – The TelegraphMetro Bank's first customers speak – BBCOpen every day, dogs welcome: the new face of high street banking – The Independent Companies Goldman Sachs bans traders from swearing in emails – The TelegraphCitigroup agrees $75m fraud fine – BBCFed…
Things we're reading today include … Mervyn King Bank head hints rates to stay low – BBCKing condemns banks' treatment of customers – The IndependentMervyn King: I want people focused on public service, not bankers, supervising the city – The Telegraph New Banks New High Street bank set to open – BBCMetro: first bank for…
Things we're reading today include … Stress or Basel? Europe's banks bounce back after stress tests – The IndependentBanks bounce on Basel reforms – The TelegraphBanking needs more robust stress tests than these – Financial Times Regulations Politicians must learn that bigger regulation is not necessarily better regulation – The Telegraph People Ex-GE Capital executives…
Things we're reading today include … Regulators Time for the Bank of England impose sanity across the financial system – The TelegraphStability priority in finance rules shake-up – Financial TimesRegulatory rejig will cost Britain £50m – The TelegraphOFT loses powers on bank regulation – The TelegraphBasel committee agrees new bank capital rules – The TelegraphPlan…
Things we're reading today include … Stress tests UK banks pass stress tests as seven fail in Europe – The TelegraphMarket cynicism greets European Union bank stress test results – The TelegraphEuropean banks that failed EU 'stress' test plan to raise €3.5bn – The Independent Politicians Cable tells banks to increase lending – The IndependentBrown…
The biggest news stories of the week include … Economy set for 'triple whammy', admits Bank chief – The Independent The British economy faces a triple whammy of higher inflation, lower growth and rising unemployment, according to one of the Bank of England's most senior policy makers. Living standards over the next few years will…
