03/10/2014

New laws may hurt Indian bank branches in UK

The new rules are part of Britain’s efforts to minimise risks and safeguard the country’s banking system and avoid any adverse fallout from any failure of international banks who accept deposits through their branches here.

03/05/2014

Invesco Perpetual clears up offshore price charges

Invesco Perpetual has changed the structure of charges across its investment company with variable capital funds to make them easier for investors, without increasing charges, Ian Trevers has said.

03/03/2014

Virgin Money Backs Doubling Of Bank Bonusesa

Sir Richard Branson's banking arm will this week become the latest of Britain's high street lenders to say that it is supporting the payment of higher bonuses under new European rules.

02/25/2014

EU approves rescue plan for Cypriot cooperative banks

"This decentralised structure and closeness with borrowers led to careless lending, with no serious verification of the ability of the borrowers to repay their loans, and to a culture of non-repayment," the commission wrote.