08/08/2012
IFA Centre managing director Gill Cardy met the FSA last month to discuss concerns among members about the lack of an effective whistleblowing process to highlight poor practice and risky products.
08/07/2012
Auditor Deloitte has rejected claims it helped Standard Chartered hide $250bn (£161bn) of illegal Iranian transactions in the latest scandal to embroil the industry.
08/07/2012
Case involving a bounced cheque in Abu Dhabi could cause problems for Britons looking to buy property in the UAE.
08/07/2012
At Southwark Crown Court today, Harper, age 50, admitted a single charge of fraud by abuse of position by submitting false invoices to claim payments, reported the BBC.
08/06/2012
Standard Chartered has firmly rejected claims that it “schemed” with Iran to conduct secret transactions worth $250bn (£160bn). Here is its statement in full.
08/06/2012
The club declined to disclose the identity of the investors or the financial terms of the deal, which will will see the Chinese investors become the second-largest stakeholders behind the Moratti family.
08/05/2012
The inter-governmental rules were made in conjunction with France, Germany, Italy, Spain and the UK, which have all made reciprocal agreements with the US.
08/05/2012
There is no blank cheque and, in contrast to previous big cases, money will not be made available in one go.
08/05/2012
More than 10 million customers with paid-for bank accounts will receive letters assessing their eligibility for the products within the next 18 months, potentially sparking a scramble for compensation to rival the PPI mis-selling scandal.
08/05/2012
The new financing arrangements amount to up to £950m, with pre-agreed capacity to increase to £1bn.
08/05/2012
A writ lodged in the High Court by Dutch pension fund Vervoer alleges that Goldman’s proprietary trading desk was short-selling mortgage-backed securities “on a very large scale to profit from falling prices” in the middle of 2007.
08/05/2012
It labelled UK-based Standard Chartered a "rogue institution".
08/02/2012
All banks, building societies and investment firms with assets of more than £50bn to be hit by proposals.
08/02/2012
The news was revealed in its first-half results in which it apologised for the Libor rate rigging scandal and posted better-than-expected underlying half-year profits of £4.2bn.
08/02/2012
The lender filed in June to dismiss those lawsuits, which have been consolidated for pre-trial purposes in federal court in New York.
08/02/2012
They led to an unacceptable risk that TBUK could have been used to launder money
08/02/2012
The group, which targets the so-called ‘shadow banking’ sector not currently under the eye of regulators, is a response to the reluctance of traditional banks to lend, with ACPs taking their place.
08/01/2012
Former employee says 150,000 private shareholders 'baffled, startled and angered' by European court of human rights decision
08/01/2012
This is an integral part of the ongoing maintenance and consulting support that we provide to our ABACUS/Solvency II clients.”
08/01/2012
The charges made public Wednesday concern a failed takeover bid for Alpha Bank by National Bank of Greece in early 2011. Morgan Stanley acted as an adviser for NBG in its bid.