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UK facing possible credit downgrading by Fitch
15/03/2012
The UK has had its top AAA rating put on 'negative outlook' by the Fitch credit rating agency.
Richard Brasher quits as Tesco boss
15/03/2012
Richard Brasher, the boss of Tesco, has announced he is stepping down from his role after just one year in the position.
Goldman Sachs chiefs ‘disappointed’ by ‘disgruntled’ employee’s letter
15/03/2012
Responding to the New York Times op-ed by former Goldman Sachs executive Greg Smith in which he blasted the ‘toxic’ culture of greed and alleged contempt for the company’s clients, Lloyd C. Blankfein and Gary D. Cohn have drafted a response.
Cash ISA switching faster following OFT action
14/03/2012
A review published today (Wednesday) has found that providers of cash ISAs have shortened transfer times significantly since the Office of Fair Trading (OFT) intervened in 2010.
FSA publishes an analysis of the main risks facing consumers
14/03/2012
The Financial Services Authority (FSA) has published an analysis of the main risks which potentially face consumers in the financial services sector over the next 12 to18 months.
'Exciting year ahead' for global M&A in global metal market, say PwC
14/03/2012
The global metals deals industry is soaring back to success with near historic value highs of US$40.7bn in 2011, up 56% year on year (YOY), according to a new report published today by PwC.
Credite Suisse head fined £210,000 for disclosing client information
13/03/2012
The Financial Services Authority (FSA) has fined Nicholas Kyprios, Head of European Credit Sales at Credit Suisse in London, £210,000 for improper market conduct in disclosing client confidential information ahead of a significant bond issue in November 2009.
Westbury Street Holdings Ltd reports a 12% growth in 2011
13/03/2012
Westbury Street Holdings Ltd (WSH), the parent company for leading catering and hospitality businesses BaxterStorey, Holroyd Howe, Caterlink, benugo and Portico, has posted strong results for 2011 revealing year-on-year organic turnover growth of 12%.
Mortgage Market Review: less choice, more stability
12/03/2012
As the FSA’s Mortgage Market Review (MMR) enters its final consultation stage, Deloitte, the business advisory firm, considers the possible consequences for the mortgage market.
Male dominated banking culture hindering women, report finds
12/03/2012
Nearly half (48%) of women working in the banking industry believe they face career barriers because of their gender, and one third (36%) of men agree, according to a report published today (Monday) by the Institute of Leadership & Management (ILM), sponsored by the Royal Bank of Scotland (RBS).
