Research released today from Alquity and Cass Business School has found a definitive link between ESG disclosure and business performance. The analysis of over 4,400 listed...
The Royal Bank of Scotland (RBS), which remains 81% owned by the government, has reported a pre-tax loss of £8.2 billion for 2013. The losses are...
US regulators have approved the Volcker rule in a bid to curb risky banking activity. The rule goes into effect in April 2014 but banks have...
An alternative finance firm has said that businesses shouldn’t solely rely on banks if they want to grow and help drive the economy forward. Research across...
We will “[continue] to have regard for the highest standards of ethical principles”, the Co-operative Bank stated in an advert on Monday. This is despite being...
At least 15% of the Co-operative Bank’s branches will close as part of its £1.5 billion recapitalisation. Its rescue plan also sees hedge funds take a...
The Royal Bank of Scotland (RBS) has confirmed it will not split into a ‘good bank’ and ‘bad bank’. Instead, it will create an internal ‘bad...
The Co-operative Group may no longer keep a majority stake when the Co-op Bank floats on the stock market, with two hedge funds reportedly poised to...
The parliamentary banking commission has criticised three ex-HBOS executives over their “colossal failure” amid the financial crisis of 2008, and called for the trio to be...