Search Results for: Lloyds Bank
Major UK banks plan robo-advice launches
January 25th, 2016
Major High street banks are moving into robo-advice world as part of their return to the mass advice market. The Financial Times reported that Barclays, Royal Bank of Scotland (RBS), Lloyds and Santander are developing online offerings for their ...
Banks battle to maintain dominance of UK’s Business Foreign Exchange market
January 18th, 2016
As businesses across the UK seek to minimise the risks of currency fluctuations, the business foreign exchange market shows strong growth as well as fierce competition, according to new research from market analysts East & Partners. The firm’s UK ...
Banks Still Closing Accounts Over Bitcoin Activity
January 11th, 2016
Finding a bank that makes it easy to buy and sell bitcoin continues to be a challenge. The problem doesn’t come as a surprise to CCN readers, given that some major banks have questioned the need for bitcoin. (Some ...
Lloyds under investigation by FCA over possible market rigging
January 7th, 2016
Reports say investigation into gilts trading is not industry-wide despite recent criticism of regulator for dropping review into culture at major banks The City regulator is investigating whether traders at Lloyds Banking Group manipulated the price of government bonds, in a ...
Document Reveals How Deutsche Bank Fires Traders With a ‘Thank You’
September 28th, 2015
E-mails show discussions on firing traders amid Libor scandal Internal script disclosed in filing to German regulators Deutsche Bank AG traders should be wary of calls that start with a thank you. “Thank you for making yourself available ...
Bank of Scotland is most complained-about bank, watchdog reveals
August 26th, 2015
More than 20,000 complaints about bank dealt with by financial ombudsman in first half of 2015, with Barclays and Lloyds also prompting many complaints Bank of Scotland, Barclays and Lloyds have been named the three “most complained-about” financial firms so ...
Banks fine tally since crisis hits $US260bn
August 24th, 2015
The wave of fines and lawsuits that has swept through the financial industry since the 2007-08 crisis has cost big banks $US260 billion, new research from Morgan Stanley shows. The analysis, which covers the five largest banks in the ...
European Banks to Sell a Record $154 Billion of Loans, PwC Says
August 20th, 2015
European banks are set to divest a record 139 billion euros ($154 billion) of loans this year, led by the U.K., as the industry accelerates asset sales to meet new rules, according to PricewaterhouseCoopers LLP. Banks have offloaded 54.5 ...
FCA imposed £1.47bn in fines in 2014 with UBS and Citibank among worst offenders
June 17th, 2015
The Financial Conduct Authority (FCA) imposed £1.47bn (€2.04bn, $2.3bn) in fines on companies in 2014, a rise of 68% from the year before, according to a study by Kinetic Partners. The study showed the average fine imposed on businesses ...
S&P Cuts Ratings on European Banks
June 10th, 2015
Deutsche Bank, RBS, Barclays are among the banks being downgraded Standard & Poor’s Ratings Services cut its credit ratings on several European commercial banks on Tuesday, saying it considers the prospect that the governments would provide extraordinary support to ...
