Archives


Tyrie’s Treasury committee rivals step aside

The Times Harry Wilson City Editor Last updated at 12:01AM, May 22 2015   Two of the challengers to Andrew Tyrie for the chairmanship of the Treasury select committee have effectively enabled him to be re-elected unopposed to one of…

Read More

Alarm over return to ‘fatal’ high-risk loans

The Times Katherine Griffiths Banking Editor Last updated at 12:01AM, May 22 2015 Britain’s most senior financial regulator has warned building societies that they must not return to the “fatal” high-risk lending that helped trigger the financial crisis and led to…

Read More

Complex charges deter customers from switching bank accounts, says watchdog

The Times Katherine Griffiths Banking Editor Last updated at 10:05AM, May 21 2015 Business and personal current account holders struggle with a lack of clarity and low expectations of the benefits of switching, according to the competition authority. The Competition and…

Read More

SBCB quick to respond to Sir Phillip Hampton’s denial

Letters to the Editor Published at 12:01AM, May 11 2015 Sir, Your leading article (“Asset Turnover”, May 7) claims that Royal Bank of Scotland systematically pushed small and medium-sized businesses into default to improve the bank’s balance sheet. We strongly…

Read More

Barclays and Royal Bank of Scotland hit with penalties worth nearly £3bn for rigging foreign exchange markets

By City & Finance Reporter for the Daily Mail Published: 21:55, 10 May 2015 | Updated: 21:55, 10 May 2015 Barclays and Royal Bank of Scotland will this week be hit with penalties worth nearly £3bn for rigging the foreign…

Read More

‘In my worst nightmares I never thought that the bank would do this to me

James Hurley Published at 12:01AM, May 5 2015 See also: SBCB TOP STORIES 05/05/2015: RBS Stripped assets of struggling companies: Vampire Division preyed on clients: Racing Car Driver Lawrence Tomlinson with inside track. Surinder Hullait, a Birmingham entrepreneur who developed…

Read More

RBS ‘stripped assets’ of struggling companies

James Hurley Enterprise Editor Published at 12:01AM, May 5 2015 Royal Bank of Scotland was under pressure to strip companies of their assets to improve its balance sheet, The Times can reveal. The bank’s global restructuring group, which was supposed…

Read More

England and Wales High Court (Administrative Court) Decisions

B e f o r e : THE HONOURABLE MR JUSTICE MALES ____________________ Between: The Queen on the application of JULIEN GROUT Claimant – and –   FINANCIAL CONDUCT AUTHORITY Defendant ____________________ Mr Richard Lissack QC & Mr Farhaz Khan…

Read More

FCA Fines Credit Suisse and Yorkshire Building Society 16-06-2014

The Financial Conduct Authority (FCA) has today fined both Credit Suisse International (CSI) and Yorkshire Building Society (YBS) for failing to ensure financial promotions for CSI’s Cliquet Product1 were clear, fair and not misleading. CSI was fined £2,398,100 and YBS’s…

Read More