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Wednesday newspaper round-up: Deloitte, RBS, News Corp.
19 Jun, 2013 06:41
A report by a cross-party group of MPs and peers believes senior bankers should face jail and lose bonuses if they are involved in a future banking collapse, The Telegraph reported. The government has been urged to introduce a new criminal offence for sen
Tuesday newspaper round-up: Liberty, Co-op Bank, Severn Trent
18 Jun, 2013 06:48
Liberty Global has entered the bidding for Kabel Deutschland, the Financial Times reported. The media group, controlled by John Malone, has put in a potential offer that would top a price tabled by Vodafone last week and value Germany's largest cable oper
Monday newspaper round-up: Co-op Bank, Lloyds, Platform...
17 Jun, 2013 06:30
The Independent says that the Co-op Bank will this week announce plans to fill a 1.5bn-pound hole in its finances. The rescue, brokered with the Bank of England's Prudential Regulatory Authority, will see 5,000 investors take a haircut on money they lent
Sunday newspaper round-up: RBS, Co-op bank, easyJet
16 Jun, 2013 15:16
Foreign-owned bank branches - as opposed to subsidiaries - in Britain made the country's financial crisis worse, as they moved to shrink their loan books by almost half at the height of the credit crunch, according to Bank of England research, The FT Week
Friday newspaper round-up: RBS, Polymetal, Apple...
14 Jun, 2013 06:46
According to The Scotsman, Sainsbury's Chief Executive Officer (CEO) Justin King is among the names being thrown into the hat of potential recruits for the CEO role at RBS, "although a candidate from within the financial services sector remains most likel
Thursday newspaper round-up: Stephen Hester, Ofgem, Centrica...
13 Jun, 2013 06:37
The Independent says that the news of Stephen Hester's departure from RBS "perplexed" many in the City last night after his work that nursed the bank back to health, with several describing his treatment as "shabby". The bank said that it was looking for
Wednesday newspaper round-up: Lloyds, Afren, BoE...
12 Jun, 2013 06:30
After The Times' undercover investigation found that Lloyds was mis-handling complaints about PPI mis-selling, the Financial Conduct Authority has asked the paper to hand over information for a report that is to be published this summer.
Tuesday newspaper round-up: Lloyds, Glencore, G4S...
11 Jun, 2013 06:35
An investigation by The Times into Lloyds has shown that contractors at its largest PPI complaint handling unit were "taught how to play the system to the detriment of clients". They allegedly were told to fake PPI information on loan agreements and "turn
Monday newspaper round-up: Severn Trent, Japanese growth, BAE...
10 Jun, 2013 06:29
The international consortium bidding for Severn Trent could walk away from the deal following a number of rejections by the utility group over recent weeks, The Times says, citing sources close to the matter. "If the Severn Trent board does not engage, no
Sunday newspaper round-up: ARM Holdings, Lloyds, Bonds
09 Jun, 2013 19:00
The main threat to ARM Holdings may turn out to be 'home-grown.' Imagination Technologies, the British designer of graphics and video microchips for gadgets such as the iPhone is gearing up for a foray into ARM's main market, making the processors that go
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