UK Banking

What Cap? Here's Why Bankers Will Get Away With Bumper Bonuses

The Huffington Post UK | Asa Bennett | Posted 23.10.2014 | UK Politics

Top bankers who get bonuses higher than allowed under EU law will get away with their awards, as it is "too far into this year", according to a senior...

Two Big Banks Have Been Caught Breaking The Rules

The Huffington Post/PA | Posted 22.10.2014 | UK

Two big banks have been criticised for telling small business customers they must open an account with them in order to obtain a business loan. The...

Here's How RBS Just Avoided Being Fined £87 Million

The Huffington Post/PA | Posted 22.10.2014 | UK

Royal Bank of Scotland has avoided a multi-million pound fine from the European Commission after it blew the whistle on a cartel to rig the Swiss fran...

Top LibDem Wants More Bankers Thrown In Jail

The Huffington Post UK | Asa Bennett | Posted 16.10.2014 | UK Politics

Authorities need to throw "perhaps a few more" bankers in jail as many of those who have broken the rules are still getting away with it, a senior Lib...

Asa Bennett

RBS Boss Fears You're Not Prepared For Interest Rate Rises

HuffingtonPost.com | Asa Bennett | Posted 16.10.2014 | UK Politics

Mortgage holders may not be able to cope with the extra financial pressure when interest rates rise, Royal Bank of Scotland's chief executive has war...

Asa Bennett

Bank Of England Deputy Has A Rather Stark Warning About The Banks

HuffingtonPost.com | Asa Bennett | Posted 17.10.2014 | UK Politics

The world needs to better co-ordinate its financial regulations in order to avoid another banking crisis, Bank of England deputy governor Jon Cunliffe...

Asa Bennett

Labour Has A Blunt Message For Bankers Moaning About Tougher Rules

HuffingtonPost.com | Asa Bennett | Posted 16.10.2014 | UK Politics

Bankers complaining about new and tougher regulation are "maybe in the wrong line of work," a Labour frontbencher has warned. Shadow financial secr...

Carney Gives Bad Bankers Their Biggest Bashing Yet

The Huffington Post UK | Asa Bennett | Posted 13.10.2014 | UK Politics

Mark Carney has warned that reckless bankers are "still at the best golf courses" despite causing the financial crash. In his strongest attack yet,...

For Some Reason, I Just Don't Have the Time Anymore

Paul Marshall | Posted 24.09.2014 | UK Lifestyle
Paul Marshall

You want to think the best of your fellow man. To believe that the good in them will always prevail. Their acts of decency and kindness making even the crappiest day seem somehow kind of wonderful .

Banking on PR - Driving Footfall for New Banks

Lisa Elliott | Posted 12.09.2014 | UK
Lisa Elliott

Earlier this year the Financial Conduct Authority (FCA) confirmed that 29 firms had applied for authorisation to become banks in the UK. This was a direct result of the regulator relaxing rules last year for new banking entrants so that it would be easier for firms to become banks, and helping to bolster competition in the market place at the same time.

9 Scottish Nationalists Who Think RBS' Move Threat Is A Unionist Plot

The Huffington Post UK | Asa Bennett | Posted 11.09.2014 | UK Politics

Royal Bank of Scotland and Lloyds Banking Group have angered pro-independence campaigners online by warning that they would move their headquarters fr...

Brussels Revolving Door Leads Straight to the City

Molly Scott Cato | Posted 10.09.2014 | UK Politics
Molly Scott Cato

In order to strengthen citizens' trust in democracy, there needs to be extensive and tightly enforced cooling-off periods between the time a person spends holding public office and their move to a job for a private company in a related field. We need to introduce such a cooling-off period across the EU; three years would be a reasonable minimum length.

Brace Yourself for the Next Financial Crisis - And The One After That

Dr Joseph Zammit-Lucia | Posted 05.09.2014 | UK
Dr Joseph Zammit-Lucia

In a recent speech Angela Merkel stated that "the danger of another financial crisis is already pre-scripted." She is right.

Surf's Up and Cameron Needs to Stand Up

Will Black | Posted 23.10.2014 | UK Politics
Will Black

Without wishing to get all psychoanalytical, there does seem to be a parallel between Cameron's reluctance to stand up and surf and his apparent inability to stand up as a respected world leader.

A Tale of Two Pride Campaigns

Ian Johnson | Posted 19.10.2014 | UK Lifestyle
Ian Johnson

As this year's pride season comes to a close it is hard not to have noticed the sheer volume of corporate activity that has been directed at LGBT communities all over the world by brands looking to ingratiate themselves with LGBT consumers.

Bank of England - Confusion Reigns

Nick Beecroft | Posted 15.10.2014 | UK
Nick Beecroft

As I write, the likelihood of imminent rate rises in the UK still hangs in the balance, following the release of another strong set of employment figures and, shortly afterwards, a still surprisingly dovish Bank of England Quarterly Inflation Report, (QIR).

Salmond Won't Be Laughing Now Thanks To This Banker

The Huffington Post/PA | Posted 18.08.2014 | UK Politics

The owner of Clydesdale and Yorkshire Banks has warned of the risks of Scottish independence, saying it could bring "significant additional costs". ...

Banks: All at Sea

Alex Letts | Posted 14.10.2014 | UK Tech
Alex Letts

Whatever outrages over executive pay, you have to think that no amount of money would make it worth being CEO of a major retail bank.

Britcoin

Niamh Corbett | Posted 08.10.2014 | UK Tech
Niamh Corbett

Canary Wharf has become cool! ... On Wednesday, George Osborne turned up in Canary Wharf to announce a new initiative that will explore the potential role of virtual currencies and digital money (Bitcoin to you and I) in Britain's economy.

RBS Is Shutting Down Its 'Corporate Psychopath' Unit

The Huffington Post UK | Asa Bennett | Posted 08.08.2014 | UK Politics

Royal Bank of Scotland is shutting down its controversial Global Restructuring Group (GRG), after suffering a maelstrom of controversy over the "huge ...

Jimmy Savile and the Banking Crisis - United by Failure to Question

Fiona Hotston Moore | Posted 05.10.2014 | UK
Fiona Hotston Moore

There is a great deal we could gain as a culture from being more questioning, which is not the same as being more cynical. Scepticism is what allowed the Age of Enlightenment to emerge in the Seventeenth Century, a liberation of arts and sciences from the stranglehold of religious orthodoxies.

HSBC Boss Thinks It's Time For Bankers To Take Way More Risks

PA | Posted 04.08.2014 | UK

Britain's biggest bank HSBC has warned over the dangers of "unwarranted risk aversion" as bankers seek to protect themselves following the recent wave...

RBS Is Really Worried About Scottish Independence

The Huffington Post/PA | Posted 01.08.2014 | UK Politics

Royal Bank of Scotland has repeated its warning of a "material adverse effect" on its business if Scots vote in favour of independence next month. ...

HSBC Closes Muslim Groups' Accounts As They're 'Too Risky'

PA | Posted 30.07.2014 | UK

Britain's biggest bank HSBC is closing a range of Muslims groups' bank accounts after deeming that continuing to manage them would be beyond their "ri...

Got Away With Your Bank Bonus After The Crash? Carney Won't Touch You

The Huffington Post UK | Asa Bennett | Posted 30.07.2014 | UK Politics

The Bank of England has admitted that its bonus clawback scheme, trumpeted as "robust action to tackle inappropriate remuneration", will not apply to ...