Things we're reading today include … Banks to be hit with billions in rigging fines Global regulators close in on six banks with imminent fines over forex probe Chris Blackhurst: The rewards are too high for banks to change their ways Banks urged to target payday loan clients Payday loans: Five hidden costs of capping…
Things we're reading today include: TransferWise closes in on $1bn valuation Bank of England governor Mark Carney pledges 'no more bailouts' for too big to fail banks Russia's second-largest bank could delist from LSE over Ukraine sanctions Lehman, the crash and making history Virgin Money IPO to crystallise paper fortune for billionaire backers Regulator announces…
Things we're reading today include: TransferWise closes in on $1bn valuation Bank of England governor Mark Carney pledges 'no more bailouts' for too big to fail banks Russia's second-largest bank could delist from LSE over Ukraine sanctions Lehman, the crash and making history Virgin Money IPO to crystallise paper fortune for billionaire backers Regulator announces…
Things we're reading today include … 'Too big to fail' bank rules unveiled Bail-outs are over, Carney to tell banks The master who teaches the Merrill herd to graze on wheatgrass and chia Metro Bank is still travelling hopefully to arrive in the FTSE 100 Banks hire staff to run digital services and meet new…
Our biggest stories of the past week are … Retailer banking: it's just not the same We talk a lot about challenger banks. These are the new banks that will create competition against the incumbents. The names thrown around include Metro Bank, Virgin Money, Tesco Bank, Aldemore, Shawnbrook and more. Although none of these have gained…
Things we're reading today include … Full investigation into the dominance of 'big four' UK banks confirmed UK banks to face competition inquiry Is British banking broken? Exclusive: Some senior Merrill brokers leave, BofA executives concerned – sources Bank of America third quarter profits slashed by $400m after legal charge Commerzbank third-quarter profit triples Coins…
Things we're reading today include … A rate rise may be due here, but cheap money could cost Europe dear Ex-Swinton bosses fined and banned London Stock Exchange to freeze trading at midday to fend off high-frequency traders Virgin group: Brand it like Branson Nationwide offers wrist watch for bank balance checks Interest rates are…
Things we're reading today include … UBS loses safaris and strippers court case Exclusive: U.S. lacked hard proof in tax trial of ex-UBS banker, jurors say UBS loses lawsuit over derivatives deals with German water company Citi's Linville slowly turns around bank's card business Soaring Santander must treat its new customers right to keep them…
Things we're reading today include … HSBC sets aside $1.8 billion for forex probe, misconduct HSBC battered by more than £1bn in new potential fines over scandals JP Morgan facing currency probe JP Morgan sets aside $6bn for legal costs after revealing US forex probe Banks set aside up to $7 billion as UK currency…
Things we're reading today include … HSBC sets aside $1.8 billion for forex probe, misconduct HSBC battered by more than £1bn in new potential fines over scandals JP Morgan facing currency probe JP Morgan sets aside $6bn for legal costs after revealing US forex probe Banks set aside up to $7 billion as UK currency…
