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BUSINESS

Barclays and ex-top bankers appear in court over side deals in financial crisis

Digital Desk -
Barclays and four former top bankers have appeared in court over side deals struck during emergency fundraising at the height of the financial crisis. The...
BUSINESS

RBS defends pay award to CEO of 175% of his salary as ‘showing restraint’

Digital Desk -
The Royal Bank of Scotland has defended the way its top bosses are awarded after some shareholders criticised the lender for not making deeper...
BUSINESS

China arrests hundreds in crackdown on underground banking

Digital Desk -
More than 800 people have been arrested in a crackdown on unlicensed banking operations as authorities try to stem outflows of money from the...
BUSINESS

Deutsche Bank fined €500m by UK and US for Russia ‘money-laundering’ failings

Digital Desk -
Deutsche Bank has been fined more than £500 million after British and US regulators found that failings at the German lender led to 10...
BUSINESS

Banks struggle amid State bailout fears for Italian lender BMPS

Digital Desk -
European banks struggled to make gains on Thursday as investors digested the prospect of a state bailout for struggling Italian lender Banca Monte dei...
BUSINESS

Barclays is launching contactless cash withdrawals

Digital Desk -
Barclays is rolling out contactless cash withdrawals across the UK, becoming the first British bank to allow customers to withdraw money without inserting their...
BUSINESS

JPMorgan Chase to pay $264m in Chinese bribery case

Digital Desk -
JPMorgan Chase has agreed to pay $264.4m in fines to US federal authorities over claims it bribed Chinese officials. The deal will settle charges that...
BUSINESS

Banks could quit Britain with no post-Brexit transition plan, warns RBS chairman

Digital Desk -
The chairman of RBS has warned that banks could pull out of Britain unless Theresa May secures a post-Brexit transition plan. Howard Davies said American...
Uncategorised

US Fed decision to hold interest rates ‘a close call’

Digital Desk -
US Federal Reserve officials last month kept key interest rates unchanged but saw the decision as a "close call", minutes from the meeting show. Minutes...
BUSINESS

European Banks in Trouble? Huge Risk of Financial Instability

Digital Desk -
Wall Street firms warn that the Eurozone banks pose a high risk of financial instability. Most likely due to the sounding of alarms over...
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