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Opinion: Spanish borrowing costs soar as the crisis on Spain’s domestic front intensifies
22/07/2012
We have got used to the step by step approach of the EU leaders in coping with the sovereign debt crisis and we have seen more of the same with regards to their decision to loan the Spanish banking sector 100bn Euros.
Small businesses to benefit from FSA review
22/07/2012
The Financial Services Authority (FSA) has announced that seven additional banks have volunteered to review their sales of interest rate hedging products to small and medium sized businesses (SMEs).
FSA secures redress for victims of boiler room scam
18/07/2012
The Financial Services Authority (FSA) has secured a court order against Sinaloa Gold Plc (Sinaloa) and one of its directors, Glen Lawrence Hoover, a United States resident, which will see money returned to 79 UK victims of a boiler room scam.
Co-op set to buy 632 Lloyds bank branches
18/07/2012
Lloyds Banking Group have agreed terms with the Co-operative Group to sell 632 Lloyds TSB and Cheltenham and Gloucester branches.
Opinion: Bankers might feel cheesed off
17/07/2012
Lets' face it, it's hard to pick up a newspaper, or watch a TV without seeing the latest in banking bashing.
Yahoo profits dip during difficult year
17/07/2012
Yahoo have seen profits slip in a tumultuous year of restructuring that has seen them go through no less than three chief executives.
Sterling dips as consumer price inflation continues to fall
16/07/2012
The pound dropped back from a 2-week high against the US Dollar and a 44-month high against the Euro Tuesday after a sharper than expected decline in inflation data for June.
HSBC 'allowed drug money laundering', report claims
16/07/2012
HSBC looks set to be the next bank dragged through the mill, as a US Senate report has revealed how lax controls at Europe's largest bank left it vulnerable to being used to launder dirty money from around the world.
Barclays claim other banks will be implicated in Libor scandal
15/07/2012
The Libor scandal that has rocked Barclays bank in the past few weeks is set to envelop other banks, according to an internal memo sent by senior managers at Barclays.
FSA freezes assets of suspected land banking firm
12/07/2012
Following a High Court order made on 13 July 2012, the Financial Services Authority (FSA) can now report that on 13 June 2012 it secured asset freezing orders against Asset L.I. Inc. (trading as Asset Land Worldwide), Equity Services (London) Limited, and Asset Land Investment PLC.
