The hiring plans of the finance sector is the primary reason London has seen a 17 per cent month-on-month increase in available jobs, a Morgan McKinley Financial Services report explained.
With the surge of service outages from large banks, challengers such as Metro and Virgin Money – some offering more appealing rates of interest and few weighed down with the same unwieldy and dated IT – are providing the British public with compelling alternatives to larger counterparts.
It's been revealed that Barclays has been hatching a plan to avoid a potential credit rating downgrade – and the Bank of England isn't happy about it.
The Prudential Regulation Authority and Financial Conduct Authority have said in a joint statement that they will be reinforcing the link between pay and performance and ensuring that bankers are left in no doubt that their bonuses are at risk should misbehaviour occur.
The chancellor has announced RBS is going to be sold off, at a loss to taxpayers of over £7bn. He said it was “the right thing to do”.
The 'Brand Finance Banking 500', conducted by The Banker, is a league table of the world’s biggest banks, ranked by their brand value, has found that the UK’s banks collectively lost three per cent of their value this year.
The Bank of England have announced a new policy which states that large savings will be protected from failures in the event of the bank falling into trouble.
The economy is picking up, businesses are hiring more people and entrepreneurial spirit is rife. So why is it so difficult for startups and small businesses to secure the vital funding they need to prosper?
Less than a quarter of owner-managed businesses (OMBs) is satisfied with the advice and support they receive from their bank, according to research from Bank of Cyprus UK.
Open your virtual wallet because bitcoin means to kill cash payment.
Despite the FLS, banks and building societies have shrunk their net lending by £300m in the first quarter of the year.
Matthew Clarke, senior currency consultant at an independent foreign exchange firm looks at whether the downgrade drama is worth worrying about or just a storm in a tea-cup for Britain’s SMES.