The Royal Bank of Scotland (RBS) will pay penalties totalling over £390m to three regulators for its role in fixing the Libor rate, it was revealed...
Former oil industry executive Justin Welby will be confirmed as the new Archbishop of Canterbury in a ceremony at St Paul’s Cathedral today. Following his legal...
Four high street banks are to be investigated by the Financial Services Authority (FSA) over the mis-selling of interest rate hedging products (IRHPs) – financial instruments...
The Royal Bank of Scotland (RBS) could almost match the expected amount it will be fined for its part in the Libor scandal in funding for...
Oil giant Shell and US bank Goldman Sachs were today handed derogatory accolades by the Public Eye Awards in a ceremony that aimed to “show the...
The mainstream financial services sector is suffering from a lack of new talent, according to a major survey of the industry. But for budding bankers, there...
Barclays chief executive Antony Jenkins has sent a memo to the bank’s 140,000-strong global staff base, calling on employees to quit if they don’t agree with...
High street banks including Lloyds Banking Group, HSBC, Royal Bank of Scotland and Nationwide have revealed what they will charge for financial advice, following the introduction...
Fines of up to £500m in value are likely to be given to the Royal Bank of Scotland (RBS) as early as next week, as UK...
The Royal Bank of Scotland (RBS) looks set to cover half of its impending Libor fine using last year’s investment banking bonus pool. The bank is...
The Co-operative Bank has admitted its procedures had “fallen short of the high standards” it expects, after the Financial Services Authority (FSA) handed it a £113,300...
From March 2011, credit unions in England, Scotland and Wales added 77,000 members in 12 months, bringing the total number of people in credit unions in...
In February this year, Danielle Paffard founded Move Your Money UK – a campaigning organisation that aims to persuade consumers to switch to ethical banking options....
In the UK, 2012 has been an interesting year for ethical investment. Big scandals have hit big banks, consumer protests and investor revolts on tax avoidance...
The parliamentary commission on banking standards, set up by the Treasury in response to the Libor scandal, has said greater steps need to be taken in...