Banking - Archive

June 2018 articles

Experts brought in to fix computer systems meltdown at TSB did not find evidence of strong enough testing of a planned migration, [...]

21 June
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When the Bank of England held rates at its May meeting it was merely reaffirming what governor Mark Carney had warned the markets [...]

21 June
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The University of Cambridge is issuing a pioneering bond linked to the consumer prices index (CPI). [...]

20 June
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3,260

Goldman Sachs is exploring a possible expansion of its involvement in bitcoin beyond clearing derivatives for clients, according [...]

20 June
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310

Lloyds Banking Group is axing 450 jobs today with back office staff facing the biggest lay offs.  [...]

20 June
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The lawyer for Tom Hayes, a former Citi banker jailed for rigging the London Interbank Offered Rate (Libor), has slammed the [...]

20 June
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579

The personal finances of tens of millions of people are at risk because of the failure to secure cross-border  contracts after [...]

20 June
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1,180

Lloyds bank and consultancy giant KPMG came under renewed pressure today following the publication of a damning report into an [...]

19 June
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4,144

Visa will hire an independent body to investigate the outage of its card payment services which affected as much as a third of [...]

19 June
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360

US banking giant JP Morgan Chase was hit with a $65m (£49m) fine by US regulators today for attempted manipulation of the ISDAfix [...]

18 June
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457

A leading academic and a senior investment banker have been appointed to the Bank of England's regulation committee. [...]

18 June
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182

The owner of Clydesdale and Yorkshire banks, CYBG, confirmed this morning it had agreed a £1.7bn tie-up with Virgin Money, [...]

18 June
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1,575

As we gear up for Brexit, the UK’s flagging productivity performance is continually in the fore of media headlines and economic [...]

18 June
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243

The founder of Worldpay has welcomed the government's drive to increase investment in the UK's fintech sector. [...]

17 June
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Peer-to-peer lending business Ratesetter is working on a £30m fundraising which is expected to be a prelude to a London float. [...]

17 June
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