Posts Tagged ‘Banking’

Free banking ‘a dangerous myth’

Thursday, May 24th, 2012

Free banking is a “dangerous myth”, according to Andrew Bailey, who is due to become the chief regulator of the financial services industry.

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Free banking ‘a dangerous myth’

Euro banks ‘in tatters’ – Clarke

Sunday, May 20th, 2012

Former chancellor Ken Clarke says Europe’s banking system is “in tatters” and warns the UK is “heavily exposed” to potential problems.

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Euro banks ‘in tatters’ – Clarke

DealBook: Morgan Stanley, Where Money and Tech Meet

Wednesday, May 9th, 2012

The company, led by its technology investment banking chief, Michael Grimes, has shepherded 28 technology initial public offerings in the past year. Facebook is next.

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DealBook: Morgan Stanley, Where Money and Tech Meet

Fed’s Tarullo warns that banking reforms are losing steam

Thursday, May 3rd, 2012

A top federal regulator overseeing the banking sector said Wednesday that reforms begun after the financial crisis are still far from complete and raised concerns that the energy behind the effort may be fading. Read full article > >

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Fed’s Tarullo warns that banking reforms are losing steam

Lloyds ends exclusive Co-op talks

Friday, April 27th, 2012

Lloyds Banking Group says it has ended its exclusivity agreement with the Co-operative Group over the sale of 632 bank branches.

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Lloyds ends exclusive Co-op talks

Fresh bid for 632 Lloyds branches

Thursday, April 12th, 2012

New banking venture NBNK submits a fresh bid proposal to buy 632 Lloyds bank branches, putting it back in competition with the Co-operative Group.

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Fresh bid for 632 Lloyds branches

Lloyds makes £3.5bn annual loss

Friday, February 24th, 2012

Part-nationalised Lloyds Banking Group makes a loss of £3.5bn in 2011 after setting aside £3.2bn to cover PPI claims.

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Lloyds makes £3.5bn annual loss

Low-Interest Loans to European Banks Prompt Concern

Sunday, February 12th, 2012

Economists fear that the loans provided by the European Central Bank simply could be creating the conditions for another banking crisis several years from now.

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Low-Interest Loans to European Banks Prompt Concern

Miliband ‘one nation’ bank call

Friday, February 3rd, 2012

Ed Miliband calls for a culture of “one nation banking” in which financial institutions are not “isolated” from the rest of the economy and society.

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Miliband ‘one nation’ bank call

Hackers fool bank security system

Thursday, February 2nd, 2012

Criminal hackers have found ways around new security devices used for online banking, the BBC has learned.

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Hackers fool bank security system

After Downgrades, European Leaders Argue for Both Austerity and Stimulus

Saturday, January 14th, 2012

In Spain, the prime minister pledged spending cuts and a banking-system cleanup, while in Italy, the prime minister called for “efforts in favor of growth.”

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After Downgrades, European Leaders Argue for Both Austerity and Stimulus

Smart TVs: The next tech war is in the living room

Wednesday, January 11th, 2012

Hawking their wares at the Consumer Electronics Show this week, the world’s top television manufacturers are bent on making a splash: They’re trying to sell a whole new approach to television. In a world where the latest gadgets are automatically expected to be hooked up to technology “ecosystems” — apps, Internet connectivity and access to social networks — television makers are banking on the fact that couch potatoes will want to see their friendly living-room TV get in on the act. Read full article > >

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Smart TVs: The next tech war is in the living room

IMF calls Irish rescue ‘fragile’

Tuesday, December 20th, 2011

Ireland’s lauded rescue program is at risk of falling off track as a slowing European economy cuts into the country’s exports and sparks concern about the nation’s banking system, the International Monetary Fund reported Tuesday. While praising Irish officials for meeting budget targets and reviving the Irish economy, the fund said that the country’s program is nevertheless in a “fragile” state. The slowdown in the rest of Europe, particularly in key trading partners such as Britain, means that economic growth for next year probably will fall to 1 percent, half of what was estimated. Read full article > >

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IMF calls Irish rescue ‘fragile’

Osborne to confirm banking split

Monday, December 19th, 2011

The chancellor is expected to announce to MPs that he will legislate to separate retail banking from more risky investment activities.

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Osborne to confirm banking split

Lloyds ‘may keep ex-boss’s bonus’

Saturday, December 3rd, 2011

Lloyds Banking Group is looking to “claw back” up to half of the £1.45m bonus it awarded former chief executive Eric Daniels, according to reports.

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Lloyds ‘may keep ex-boss’s bonus’