Articles tagged "banks"

  • Barclays head office
    Barclays fined £2.45 million
    09/09/2009 - 09:39
    News by Chris Thomas

    Barclays has been fined £2.45 million by the City watchdog for its failure to provide accurate transaction reports for its traders.

  • FSA logo
    Tax the banks
    27/08/2009 - 15:39
    News by Rhian Nicholson

    Taxing the financial transactions carried out by the banks could help to prevent excessive bonuses, the boss of the City watchdog claims.

  • RBS sponsorship
    RBS caps final salary scheme
    25/08/2009 - 16:46
    News by Rhian Nicholson

    RBS is to scale back its final salary pension scheme to cut costs - just months after former boss Sir Fred Goodwin walked away with a £342,500 annual pension for life.

  • Cheltenham & Goucester branch
    C&G branches may remain open
    20/08/2009 - 10:45
    News

    Cheltenham & Gloucester may live to see another day on the high street after Lloyds Banking Group said it was rethinking plans to close the 164-strong branch network.

  • Rocks
    Rocky outlook for banks
    19/08/2009 - 11:51
    News by Rhian Nicholson

    Shareholders should brace themselves for more weak banking results as rising impairment charges are set to hit profitability, according to KPMG.

  • Mansion
    Lloyds named largest lender
    19/08/2009 - 10:31
    News

    Just six lenders controlled 78% of the mortgage market last year, headed up by Lloyds, Santander and Nationwide.

  • Northern Rock branch
    Northern Rock could become first-time buyer bank
    17/08/2009 - 16:17
    News by Chris Thomas

    Building societies have called on the European Commission to force Northern Rock to focus on lending mortgages to first-time buyers and people with small deposits.

  • Bankers in London
    New rules on bankers' bonuses
    12/08/2009 - 12:59
    News by Chris Thomas

    Bankers' bonuses could be linked to the long-term performance of banks, under a new code of practice that aims to stamp out excessive risk taking.

  • Investment
    Lloyds sells fund management arm
    12/08/2009 - 10:52
    News by Rhian Nicholson

    Struggling Lloyds Banking Group is selling its fund management arm Insight to Bank of New York Mellon in a £235 million deal.

  • RBS F1 car
    RBS pessimistic despite £15m profit
    07/08/2009 - 09:47
    News by Chris Thomas

    Part-nationalised Royal Bank of Scotland returned to profit in the first half of the year, but this was overshadowed by mounting bad debts and a grim outlook.