Search Results for: Lloyds
Visa To Keep UK Presence After BoE Steps In
November 2nd, 2015
The Bank of England wants Visa Inc to keep a big UK presence after the $23.5bn takeover of Visa Europe, Sky News learns. The Bank of England has told the credit card giant Visa to keep a substantial presence ...
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 ...
Fired Currency Traders Won’t Leave Quietly
September 16th, 2015
Six lawsuits filed in London by FX traders emerged last month Banks also faced employee suits after Libor scandal lay-offs As banks try to clean up trading floors beset by benchmark-rigging scandals, not all fired workers are leaving quietly. ...
Four in ten say they won’t need cash in ten years time as contactless proves popular for many
August 31st, 2015
43% of people look to contactless payments as the payment method of the future. Within the next five years, one in three (34%) expect to be using a mobile device on a day-to-day basis to make payments. By 2025, ...
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 ...
Visa Cautious on the Bitcoin Block Chain
July 31st, 2015
According to a recent article, Visa is aiming to maintain its dominance one way or another. Collab, an arm of Visa Europe, is investigating Bitcoin-oriented companies that could disrupt their business model ultimately. Visa is not against ultimately updating ...
Barclays close to settling with the Serious Fraud Office over ‘bribes to Qatar’ claims
July 22nd, 2015
Barclays is moving closer to striking a deal with Britain’s fraud squad to settle allegations it paid bribes to Qatar to secure a bailout during the financial crisis, writes Peter Campbell. The Serious Fraud Office wrote to the scandal-dogged ...
Eurozone shares show biggest decline as investors surge towards safe haven assets
July 21st, 2015
Eurozone shares sees largest annual decline in sentiment since the start of the survey Gold and UK government bonds are the only asset classes to enjoy a monthly increase in sentiment Actual market performance shows price declines for nine ...
