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Darling condemns 'kamikaze' bankers - PA
- 76 Minutes ago
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Chancellor Alistair Darling has hit out at 'kamikaze' bankers for damaging the British economy and said a shake-up to be unveiled next week would prevent a repeat. He has already indicated that next week's
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Darling says banks to face tougher regulation
- 3 Hours ago
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LONDON (Reuters) - Chancellor Alistair Darling said 'kamikaze' bankers brought the financial system to the point of collapse and regulators would get new powers to probe banks' affairs. Writing in Sunday's
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Boost aid to poor, Pope tells G8 ahead of summit
- 10 Hours ago
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VATICAN CITY (Reuters) - Group of Eight leaders meeting in Italy next week to discuss the state of the global economy should not forget about the world's poor, Pope Benedict said in a letter released
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Vatican runs deficit amid crisis
- 96 Minutes ago
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The Vatican says it ran a deficit in 2008 as its finances and donations from across the world were hit by the global economic crisis. The Vatican posted a budget deficit for a second straight year, though
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Legal uncertainty over bank project
- 74 Minutes ago
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Legal uncertainty could scupper any bid by a Nobel Peace Prize winner to set up a pioneering bank in Glasgow, it has been claimed. Professor Mohammad Yunus founded the concept of micro-credit to fund
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Bangladeshi banking to help Scots
- 54 Minutes ago
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Millions of women in Bangladesh have benefited from Grameen Bank A radical form of banking pioneered in Bangladesh could be brought to Scotland to help people out of poverty. But legal uncertainty may
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Online banking fails the second test
- 54 Minutes ago
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In answer to your question, Have online banking and billing made it easier to manage our money? (Cash, 28 June) one factor that seems to get little consideration is that if Revenue & Customs investigates
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G8 summit venue shaken by tremors
- 51 Minutes ago
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Aftershocks have rocked the Italian town of L'Aquila, where the G8 summit is due to open this week. The tremors, which have reached 4.1 on the Richter scale, have forced the Italians to consider moving
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Editorial: We are losing a chance to rebuild banking
- 45 Minutes ago
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Until the 1980s, banking and the financial services that surround it were seen as dull. Then came Big Bang, dismantling the regulations that had kept the City and Wall Street contained. Financiers could
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Simon Glass in the frame for RBS finance director job
- 104 Minutes ago
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Simon Glass, a former banker at Standard Chartered and HSBC, has emerged as a possible candidate for the finance director's job at Royal Bank of Scotland (RBS). RBS hired Mr Glass three months ago as
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Banks' Bogus Bonuses
- 83 Minutes ago
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Suddenly, big bucks are back on Wall Street. Analysts believe that bank bonuses will hit new records this year, with Goldman Sachs (GS) shelling out $20 billion and Morgan Stanley (MS) due for $10 billion
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EPFO recommends 8.5 per cent interest rate
- 2 Hours ago
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NEW DELHI: The Employees Provident Fund Organisation (EPFO) on Saturday recommended an 8.5 per cent interest rate for 2009-10 to benefit about 4.5 crore Provident Fund subscribers ahead of the presentation
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