07/15/2012
Banks’ risks tied to those countries, as well as Italy, Ireland and Portugal, declined to $181 billion (Dh665 billion) in country-risk claims, according to a Hamilton Place Strategies LLC study to be released on Monday.
07/15/2012
Study claims public's demand for 24-hour access will make retail branches obsolete
07/15/2012
This, the cacophony argues, should either take the form of a full Glass-Steagall-style separation or the ring-fencing of the banks’ retail and small business banking arms to protect them from their nastier and larger investment banking cousins.
07/15/2012
"This is inevitable in a situation such as this – but it is simply speculation. In the face of that, it is important that you hear from us, on behalf of the Board, an unequivocal statement: our strategy and business model were right for Barclay
07/12/2012
In previous years, the investment banking category has included the heads of the corporate and investment banking arms of European banks, mainly because their group chief executives were included under the ‘chief executives’ category.
07/12/2012
In addition, lobbyists managed to end government plans to create a new watchdog to oversee the financial industry.
07/12/2012
In Britain during the early 19th century, paper money was not as we know it today – all reassuringly bearing the head of the Queen and the stamp of the Bank of England.
07/12/2012
The disaster that has emanated from JPMorgan’s chief investment office continues to grow.
07/11/2012
The US bank said in a filing on Monday that revenues in Europe for the six months to May 31 were $202.8m, down 15% on the $235m it made during the same time last year.
07/09/2012
Investment bankers in Europe are girding for a second wave of job cuts in less than a year after the euro area’s debt crisis drove fees from mergers and securities underwriting to a nine-year low.
07/08/2012
The appointments are part of group chief executive Jonathan Polin’s change management programme, and what is described as an acknowledgement of the pair’s contribution in the group’s restructure.
07/08/2012
A Sun investigation uncovered the plan which will be greeted with fury by angry taxpayers.
07/05/2012
There is no guarantee the new cash injection, which the bank linked directly to the worsening backdrop in the euro zone, will offer a major boost to an economy officially in recession since late last year.
07/05/2012
Moody’s highlighted that senior resignations, including chief executive Bob Diamond, chairman Marcus Agius and chairman of the securities industry and financial markets association Jerry del Missier, meant that shareholders had uncertainty “su
07/05/2012
The ECB said Tuesday that it won’t accept any more government guaranteed bonds as collateral.
07/05/2012
Andrew Bailey, the head of the Financial Services Authority's bank supervision arm, was the senior regulator who warned Barclays' executives of failings in its culture, the Times reports.
07/03/2012
In a statement on its website, the ECB said it would cap at current levels the amount of government-guaranteed debt that banks can post as collateral in return for its loans.
07/02/2012
Chinese banks are steaming ahead of their UK and continental European counterparts in world rankings, according to findings released by The Banker magazine.
07/02/2012
The S-Group Bank will be transferred with a goodwill of zero Euro.
07/02/2012
UK banks continue to lose ground in terms of international strength and stature.