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Breaking news: Bank freezes small firm overdrafts
- 3 Hours ago
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A major bank will freeze overdraft charges for small businesses in a bid to ease growing financial pressure on the sector, it has been announced. NatWest and the Royal Bank of Scotland said up to a million
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UPDATE 1-Amlak, Tamweel to merge under UAE govt bank
- 5 Hours ago
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DUBAI, Nov 23 (Reuters) - Two of Dubai's biggest property finance companies, Amlak and Tamweel, will be merged under a federal government-owned entity and form an Islamic bank in a move to build confidence
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Regulator Failed to Rein In Banks' Risky Practices
- 5 Hours ago
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When Countrywide Financial felt pressured by federal agencies charged with overseeing it, executives at the giant mortgage lender simply switched regulators in the spring of 2007. The benefits were clear:
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Is this the final death knell for Citigroup?
- 5 Hours ago
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Vikram Pandit, chief executive of US bank Citigroup, started last week by telling the group's staff that 52,000 of them would lose their jobs. A few days later, it looked as if he could soon be following
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RBS overdraft fees freeze for small firms
- 89 Minutes ago
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ROYAL BANK OF SCOTLAND, the countrys biggest lender to small businesses, will today try to head off government charges that banks are starving small and medium-sized enterprises (SMEs) of finance by launching
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How new bank deposit coverage may affect you
- 3 Hours ago
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Now a single account can be fully insured for as much as $250,000 -- until the end of next year. Here's a rundown of how it all works. Kathy M. Kristof, Personal Finance If the beaten-down stock market
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Citigroup's axe to fall on London
- 4 Hours ago
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UK workers expect to hear this week who will be axed as the crisis that engulfs the Wall Street giant escalates. Citigroup bankers have told The Observer they believe at least 1,250 jobs will be slashed
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