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Saturday, April 4, 2020
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CATEGORY

FINANCE

Lloyds axing more than 1,200 jobs

Lloyds is cutting 1,230 jobs in its group operations in the UK, retail, marketing and finance divisions as part of previously announced three-year strategy. The...

Deutsche Bank shares dip after failure to agree deal with US authorities

Deutsche Bank shares took another tumble today after the German lender failed to reach a deal with US authorities over a multi-billion dollar fine...

IMF to grant Egypt $12bn loan to fix ailing economy

The International Monetary Fund (IMF) is to grant Egypt a $12bn loan over three years to help the country mend its ailing economy following...

Barclays bank reaches settlement in US over interest rates

Barclays Bank has agreed to pay 100 million US dollars (£77m) to 43 states and the District of Columbia to settle allegations it improperly...

RBS posts massive first-half loss

Royal Bank of Scotland has reported a £2.04bn (€2.42bn) loss for the first half of the year after taking into account £1.3bn (€1.54bn) worth...

HSBC’s pre-tax profits fall 29% amid Brexit concerns

HSBC has reported a 29% fall in pre-tax profits for the first half of 2016 as revenue fell 11% amid concerns over the EU...

Lloyds Bank to cut 3,000 jobs and close 200 branches amid Brexit fallout

Lloyds Banking Group is cutting 3,000 jobs and shutting 200 branches as the lender braces itself for a cut in interest rates following Britain's...

IMF chief to stand trial after €400m compensation deal for business magnate

International Monetary Fund chief Christine Lagarde must stand trial in France over a 2008 arbitration ruling that handed €400m to a politically connected business...

HSBC trader bailed in US currency exchange fraud probe

A top trader at banking giant HSBC has been released on bail after he was arrested by FBI agents and charged with fraudulently rigging...

Senior HSBC executive held on wire fraud conspiracy charges

HSBC's head of global foreign exchange cash trading has been arrested and charged in the US for allegedly conspiring to commit wire fraud. The US...

Latest news

Behind-closed-doors games cleared for TV after UEFA lifts Saturday 3pm blackout

Broadcasters will be able to screen Premier League games kicking off at 3pm live for the remainder of the season after UEFA lifted restrictions. The...

Rapper Playboi Carti facing drug charges

Rapper Playboi Carti has been released from custody after being arrested on drug and traffic charges. Playboi Carti, whose real name is Jordan Carter, was...

Virtual racing a reality for former world champion Jenson Button

Former world champion Jenson Button will compete in the second Formula One Esports Virtual Grand Prix. Ferrari driver Charles Leclerc will also race alongside cricket...

China pauses to remember victims of coronavirus outbreak

China has held a three-minute reflection to honour those who have died in the coronavirus outbreak. Activity in all major cities in the country, which...

Donald Trump and 3M in medical protective equipment export row

US President Donald Trump said his administration will try to stop “profiteers” from exporting medical protective gear during the coronavirus outbreak. It comes after 3M,...
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