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BUSINESS

Lloyds axing more than 1,200 jobs

Digital Desk -
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...
BUSINESS

RBS posts massive first-half loss

Digital Desk -
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...
BUSINESS

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

Digital Desk -
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...
BUSINESS

Senior HSBC executive held on wire fraud conspiracy charges

Digital Desk -
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...
BUSINESS

Shares temporarily suspended amid major FTSE losses

Digital Desk -
The country's Brexit vote has dealt a hammer blow to heavyweight financial stocks, with some shares being temporarily suspended as the losses stack up. The...
BUSINESS

€28.5m on way to support services from Dormant Accounts Fund

Digital Desk -
€28.5m is to be distributed from the Dormant Accounts Fund, which applies to bank accounts which have not had any transactions for 15 years. The...
#EUREF

Almost no appetite’ among British banks to leave EU

Digital Desk -
Britain's banks have "almost no appetite" for the UK to leave the European Union and nearly two-thirds believe Brexit could harm their business, according...
#EUREF

Brexit would hit our customers, says Barclays

Digital Desk -
Barclays has waded into the debate over Britain's membership of the European Union, claiming a Brexit would leave customers worse off. The chairman of the...
BUSINESS

HSBC set to post rise in annual profits

Digital Desk -
HSBC's annual profits are expected to bounce back from a 17% slump in 2014 when it announces its results on Monday. Europe's largest bank -...
BUSINESS

Barclays fined £72m for rushing crime checks in order not to ‘inconvenience’ ultra-rich clients

Digital Desk -
Barclays has been hit with a record £72 million fine after City regulators in England found the bank cut corners to rush through financial...
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