Category Archives: Banking
The Yorkshire and Chelsea building societies have confirmed they will merge to create a large rival to the UK’s biggest society, the Nationwide.
The Yorkshire is currently the UK’s s......
All Halifax and Bank of Scotland cashpoints are back up and running after being shut down by a computer failure.
The holes-in-the-wall were closed early on Saturday after a power failure hit an ......
Trivandrum, India, and Warsaw, Poland, November 11, 2009 – SunTec Business Solutions, the leading provider of Relationship-based Pricing (RBP) and Centralized Billing solutions and Sygnity, a le......
China’s seventh-largest bank, China Minsheng Banking Corp, is to list its shares on the Hong Kong market, raising about $4bn (£2.4bn), reports say.
A listing has already been cancelled twi......
The tidal wave of major UK companies seeking to raise money from the equity markets is showing little sign of subsiding.
Rightly, the focus next week will be on Lloyds Banking Group’s mammoth fu......
There’s little cause for celebration when you report a £1.5bn quarterly operating loss, so I wasn’t exactly surprised that Stephen Hester, chief executive of Royal Bank of Scotland (RBS) d......
The European Central Bank (ECB) has kept interest rates on hold at a record low of 1% for the sixth month in a row.
Earlier on Thursday figures showed that retail sales in the 16 countries that ......
The World Bank has upped its 2009 growth forecast for China from 7.2% to 8.4%, but says the nation needs to encourage more consumer spending.
The Washington-based body also raised its projection......
Banking group RBS-NatWest – majority owned by the taxpayer – has broken ranks with the rest of the industry and decided to slash its overdraft charges.
The move comes ahead of a de......
Central bankers have backed new measures to strengthen supervision of the global banking industry….
A meeting of the Bank for International Settlements (BIS), which consists of the world&#......