Banking News Articles

Agricole set to clash with BNP over SocGen - Published:15/04/08

All times are London time Search News in the FT.com siteSearchSearch Quotes in the FT.com siteQuotes In depthBreadcrumb trail navigation:FT Home > In depth > Société GénéraleServicesCrédit Agricole was on Friday on course for a showdown with BNP Par...

Close rules out break-up amid profit fall - Published:15/04/08

All times are London time Search News in the FT.com siteSearchSearch Quotes in the FT.com siteQuotesCOMPANIES Financial servicesBreadcrumb trail navigation:FT Home > Companies > By sector > Financial servicesServicesClose Brothers ruled out a break-...

Quattrone to set up technology boutique - Published:15/04/08

All times are London time Search News in the FT.com siteSearchSearch Quotes in the FT.com siteQuotes TechnologyBreadcrumb trail navigation:FT Home > TechnologyServicesFrank Quattrone, the controversial financier who rose to prominence during Silicon...

SocGen uncovers €5bn fraud - Published:15/04/08

Société Générale said on Thursday it had exposed €7bn of losses from a rogue trader in European store futures and big US subprime mortgage writedowns, forcing the French store into an emergency €55bn share issueDaniel Bouton, the long-standing leade...

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New Bank of Japan boss rejected - Published:13/04/08

The Japanese administration's latest nominee to be governor of the Bank of Japan (BOJ) has been discarded by the opposition-controlled upper houseThe Democratic social gathering has decided to reject Koji Tanami in Wednesday's take part in an electi...

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Alliance and Leicester Share Price Rises as Bank Ponders Takeover - Published:11/04/08

It has been reported that Banco Santander have detained talks with Alliance and Leicester regarding a likely takeover Although no deal has come of the talks at the present occasion, neither bank has ruled out the option of returning to discussions i...

Lawyers in spotlight over loophole - Published:10/04/08

All times are London time Search information in the FTcom siteSearchSearch Quotes in the FTcom siteQuotes In depthBreadcrumb trail direction-finding:FT Home > In depth > Bear StearnsServicesJPMorgan Chase’s sweetened offer for Bear Stearns, and the ...

Fed concern at sub-prime insurers - Published:10/04/08

Federal Reserve boss Ben Bernanke is keeping an eye on bond insurers, which guarantee the products at the heart of the US sub-prime mortgage crisis.Mr Bernanke said that the insurers' problems could have an adverse effect on financial markets and th...

NatWest: Small businesses stay strong - Published:10/04/08

Small businesses are strong enough to withstand changes to capital gains tax, NatWest has claimed.Steve Pateman, chief executive of NatWest and RBS Business Banking, said that "staying ahead of the competition" was the main concern of smaller firms ...

Narrow victory for battered UBS chief - Published:10/04/08

Credit Agricole hit by sub-prime - Published:10/04/08

France's biggest retail bank Credit Agricole made a loss in the last three months of 2007, hit by a hefty charge at its Calyon investment banking arm.Credit Agricole lost 857m euros ($1.3bn, £657m) in the fourth quarter, after Calyon took a 3.3bn-eu...

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SocGen's rights issue will be a confidence vote - Published:09/04/08

All times are London time look for News in the FTcom siteSearchSearch speech marks in the FTcom sitespeech marks In depthBreadcrumb trail navigation:FT house > In depth > Société GénéraleServicesSociété Générale may have persuaded two of the world’s...

Wall St braced for buy-out loans pain - Published:09/04/08

CardWatch: New card fraud reporting process will cut bureaucracy - Published:09/04/08

As a number of fee and rate increases hits the credit card market, it is "more important than ever" that people shop around for a good deal, according to Which?.Internet shoppers have been advised to use their credit cards for online purchases by sh...

january tops loan charts - Published:09/04/08

January is the most popular month in which to take out an unsecured personal loan, according to research by the Halifax.A study by the lender has also revealed a greater percentage of the loans were taken out to help consolidate debts."For many peop...

Fresh funding for financial inclusion, banking industry told - Published:04/01/08

The government has put the banking industry on alert after confirming it will continue to provide financing hold up to help battle financial exclusionThis week, Ed Balls, financial secretary to the Treasury, announced that the administration would n...

Property Abroad: Bulgaria - Published:03/01/08

News Companies & markets Investing authority portfolio Campaigns Mortgages & homesMortgage featuresInsurance customer advice Broadband & phones Retirement Saving & banking Credit & loans little business Tax & wills Message boards Money blog Tools & ...

mortgage industry must 'learn its lesson' - Published:02/01/08

Lenders who provide mortgage products should consult internally and study some vital education, according to one industry chiefThe advice came from Jon ache, chairman of the Council of Mortgage lenders, who outlined three areas that need urgent atte...

Lloyds TSB: Britons avoid bank managers - Published:01/01/08

Britons are too embarrassed to consult their bank boss on financial matters, according to a new learn by Lloyds TSBSome 55 per cent of Britons have not talked about their money state of affairs with a bank manager in over ten years, according to a h...

Morgan Stanley Re-Enters Investment Banking - Published:28/12/07

In February this day, the bank ended its seven day partnership with JM Financial, trade out the Indian bank’s 49% bet in equity broking company J M Morgan Stanley Securities Pvt Ltd for £220m In swap, JM Financial bought Morgan Stanley’s 49% split i...

Card fraud down in 2006 - Published:22/12/07

There has been hopeful news regarding card fraud in the UK as new investigate shows that instances have fallen five per cent during the first six months of this year compared with the same time period in 2005UK expenditure association Apacs discover...

NCC: Make changes to encourage low-income consumers - Published:21/12/07

As a number of fee and speed increases hits the credit card market, it is "more important than ever" that people shop around for a high-quality deal, according to WhichInternet shoppers have been advised to use their credit cards for online purchase...

Financial services provider offers 50% life insurance incentive - Published:20/12/07

monetary services provider Sainsbury's Bank has revealed that it is now offering a 50 per cent introductory reduction for life insurance wrap to customers who switch companies Available until April 23rd 2007, the insurance supplier is halving the co...

Credit card lenders recoup losses - Published:19/12/07

A novel report has indicated that credit card providers are introducing new charges to recoup the wounded made following the limit placed on default payments by the Office of Fair Trading last dayDefaqto claimed that in June 2006, the average fee fo...

Video banking pilot launched by first direct - Published:18/12/07

In collaboration with mobile phone network 3, first straight is put to become the first UK bank to offer video banking to its customersThe first video calls will be taken by first direct employees this week during a pilot scheme to discover if video...

Goldman's glory may be short-lived - Published:17/12/07

All occasions are London occasion Search News in the FTcom siteSearchSearch speech marks in the FTcom sitespeech marksCOLUMNISTS John GapperBreadcrumb trail navigation:FT Home > Comment & psychoanalysis > Columnists > John GapperServicesWhen a compa...

Banking customers given cash machine security tips - Published:16/12/07

Banking customers have been known a host of tips on how to avoid becoming the victim of an attack at a money machineThis week, the government released details of the latest British offense Survey, which showed that instances of personal theft had gr...

No Perfection In Paragon - Published:15/12/07

Today's 40% collapse in the split price of buy-to-let lender Paragon (LSE: PAG) almost told you the tale all by itselfBlaming ‘immensely troublesome' heavy-duty credit market turmoil following the US sub-prime mortgage crisis, the corporation said i...

Online savings earn better interest rates - Published:14/12/07

Mortgage group warning for first-time buyers - Published:13/12/07

unparalleled buyers in the UK are being warned of the risks linked with cobuying mortgage schemes, with experts stating that cobuying might not offer the lifeline potential buyers are expectingCobuying schemes, often available online, offer first-ti...